Step 1: Minimum info I need to get you a quote. Fill in the below template and email to me:
- Name of Borrower:
- Full Property Address:
- # of Units to be Built:
- Entity to close under:
- Citizenship Status:
- Credit Score:
- # of New Builds in Past 3 Years:
- Liquid Assets:
- Lot As-is Value:
- Lot Purchase Price:
- Length of time lot has been owned:
- Construction Costs/Budget:
- ARV:
Step 2: Minimum docs I need to get the deal to underwriting:
- Signed Borrower Application
- Signed Property Application
- Stamped Architectural Plans (stamped from the architect, not city)
- Purchase Agreement (if applicable)
- Budget
- Asset verification
- Entity docs
- Articles of Organization
- Operating Agreement
- Certificate of Good Standing
- Driver’s License
Step 3: To close the deal, we will need:
- Contractor’s/Builder’s license
- Proof of Worker’s Compensation (or proof of exemption)
- Liability Insurance/Bonds (as required by the state)