Ground Up Construction (Quote)

1. Borrowers Name *

First

Last

2. Borrowers Phone *

3. Borrowers email address *

4. Is borrower a US Citizen? *

YES
NO

5. Company name the borrower is closing in (must close in a corporate entity): *

6. Who makes up the entity and what are their percentages of ownership? *

7. Address of Subject Property *

Address Line 1

Address Line 2

City

State

Zip Code

8. Exact property type (Ex: SFR, 2-unit, 4-unit) *

9. How many acres of land is the property on? *

10. What will be the final square footage of the property? *

11. Current Fair Market Value of property *

12. Purchase Price of land: *

13. Is the borrower already in a purchase and sales contract? *

YES
NO

14. When does the borrower need to close?

15. If you already own the land what is it currently worth? *

16. If you already own the land, when did you purchase the Land? *

17. If you already own the land how much debt is on the land? *

18. How much Cash on hand does the Borrower have? *

19. Are there already approved plans and permits on the land? *

20. What are Total Construction Cost? (Soft Costs and Vertical) *

21. What will the property be worth once it is fully built (ARV)? *

22. How much is the Annual Tax amount on the Property? *

23. How much is the Annual Insurance amount on the Property? (copy) *

24. What is the loan amount requested? *

25. What is your Exit Strategy on Loan (Refinance or Sell) *

26. How long will the property take to construct? *

27. How many projects has the borrower built ground up in the past 3 years? *

28. How many projects has the borrower built ground up ever? *

29. Borrowers fico scores? *

30. Please list borrowers home address *

Address Line 1

Address Line 2

City

State

Zip Code

31. Does the borrower rent or own their Primary Residence? *

32. Does the borrower own any other investment properties? If so how many? *

33. Does the borrower have any IRS issues, Tax liens, judgments, past bankruptcies, past chapter filings, past foreclosures, recent or pending lawsuits against them? If so please explain and list date: *

34. Has the borrower ever had any mortgage deliquent payments? If so when were they? *

35. Is the borrower already working with another broker or lender?

YES
NO