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hard money application
hard money application
hard money application
hard money application
Brian Whitten
2022-03-31T06:21:41-05:00
Project Application
Step
1
of
8
12%
Your Name
(Required)
First
Middle
Last
Email
(Required)
Have you filled out the Borrower PreQualification already?
(Required)
Yes
No
Property Type
(Required)
Single Family Residential (House)
Single Family Residential (ADU)
Single Family Residential (House + ADU)
Duplex
Triplex
Fourplex
Multi-Family 5+ (Multi-Family)
Multi-Family (Mixed Use)
Commercial (Mixed Use)
Commercial (Office)
Commercial (Industrial / Warehouse)
Is this property in an HOA?
(Required)
Yes
No
Number of Units
Address
(Required)
Street Address
Address Line 2
City
Alabama
Alaska
American Samoa
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Guam
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Northern Mariana Islands
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
U.S. Virgin Islands
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Armed Forces Americas
Armed Forces Europe
Armed Forces Pacific
State
ZIP Code
Is the Property currently vacant?
(Required)
Yes
No
What type of loan are you applying for?
(Required)
Purchase Loan
Purchase Loan + Construction
Refinance
Refinance with Cash Out
How much money do you need to borrow?
(Required)
How long do you need to borrow the money for?
(Required)
What is the Purchase Price for the property?
(Required)
What do you think the current value of the property is without any repairs or improvements? (AS-IS)
(Required)
What is the After Repaired Value (ARV) of the property when the construction is complete?
(Required)
How much will it cost you to increase the value150 of the property from the current AS-IS value to the ARV value?
(Required)
What is the closing date you are requesting to purchase/refinance the property?
(Required)
MM slash DD slash YYYY
Do you have a Survey of the property?
(Required)
Yes
No
Will our lien be subordinate to any other liens?
(Required)
Yes
No
If so, what will be the total dollar amount of the superior liens?
(Required)
What is the name of the Entity you will be using to purchase the property?
(Required)
What type of Entity is this?
(Required)
Entity - LLC
Entity - Trust
Entity - Corporation
Entity - Limited Partnership
Individual Personal Name
What state was this entity incorporated in?
(Required)
Alabama
Alaska
American Samoa
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Guam
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Northern Mariana Islands
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
U.S. Virgin Islands
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Armed Forces Americas
Armed Forces Europe
Armed Forces Pacific
State
What is the EIN for this entity?
(Required)
What is the address for this entity?
(Required)
Street Address
Address Line 2
City
Alabama
Alaska
American Samoa
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Guam
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Northern Mariana Islands
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
U.S. Virgin Islands
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Armed Forces Americas
Armed Forces Europe
Armed Forces Pacific
State
ZIP Code
Name of the DBA you will use to purchase the property? (This is not common)
Who will be signing on behalf of the entity? (Usually, this is your own name)
What title will you be using to sign the documents? (Manager, Member, President, Director, etc)
List all the other Properties that this entity currently owns
(Required)
None
If there is a lockbox, what is the code? (Not required for SUPRA boxes)
(Required)
Who should we call for access?
(Required)
First
Last
What is their phone number?
What is their email?
What is your relationship with the person we are contacting for access?
What is the name of the Title Office you will be using for closing?
What is the Address of the Title Office
Street Address
Address Line 2
City
Alabama
Alaska
American Samoa
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Guam
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Northern Mariana Islands
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
U.S. Virgin Islands
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Armed Forces Americas
Armed Forces Europe
Armed Forces Pacific
State
ZIP Code
What is the name of the Escrow Officer?
What is the Escrow Officer's phone number?
What is the Escrow Officer's email?
I understand that I am applying for a non-owner occupied, business purpose investment loan
(Required)
Yes
No
What is your plan for this property? (Build & Sell, Fix & Flip, Buy to Rent, Fix to Rent, Land Development, Other)
(Required)
As-is Condition
Excellent
Good
Fair
Poor
Lot size in acres
Other features of property (e.g. pool, detached garage, workshop, barn, waterfront, view, etc)
Final sqft, beds, baths, garage units (if multiple units then list each unit; if no construction then list as-is)
If Rental Property, what do you expect the monthly rental income to be?
What is your exit strategy? How will you repay this loan? (Sell Property, Refinance, Other [Explain])
(Required)
If cash-out refinance, how do you intend to use the cash-out proceeds? Please explain in detail:
N/A
Please explain in detail the scope of work. (If costs exceed $10,000, please provide an itemized rehab budget / outlined scope of work with your submission)
Are you a US citizen?
(Required)
Yes
No
Have you or any of your businesses ever filed Bankruptcy?
(Required)
Yes
No
Have you or any other entity of which you were/are a principal been in foreclosure or had any property that was foreclosed upon?
(Required)
Yes
No
Are you or any of your company’s currently involved in a lawsuit?
(Required)
Yes
No
Are you presently delinquent on any federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee?
(Required)
Yes
No
Have you ever been convicted of a felony?
(Required)
Yes
No
Are you in a Civil Union or a Domestic Partnership, or do you have a non-borrowing spouse, or are you a party to a Designated Beneficiary Agreement?
(Required)
Yes
No
Are there any outstanding judgments against you or any of your companies?
(Required)
Yes
No
Are you a permanent resident alien?
(Required)
Yes
No
Do you intend to occupy the property as your primary residence?
(Required)
Yes
No
Is any part of the down payment borrowed?
(Required)
Yes
No
Are you obligated to pay alimony/child support, or separate maintenance?
(Required)
Yes
No
Detailed Explanation for any questions that you answered above that need an explanation
None
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