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Lending Proposal Form
Please Note requirement for GAP Funding. 5 flips in the last 12-24 months, 700 minimum credit score.
Name
(Required)
Phone
(Required)
Email
(Required)
What services are you in need of?
(Required)
PML
EMD
Gap Funding
Double Close
Other
Other
What is the Purchase Price?
(Required)
What is the Subject Property ARV?
(Required)
What is the rehab amount needed? (If not a fix and flip enter 0)
(Required)
What is the total amount needed? (Include closing costs if applicable)
(Required)
What position is this loan going to be?
(Required)
1st
2nd
If this is a second loan position do you have a collateral property?
(Required)
Yes
No
We need a minimum of 2 weeks to vet, underwrite and TC the deal. Is this acceptable?
Yes
No
If this is a Fix and Flip do you have contractor quotes and timelines?
Yes
No
What is your repayment timeline?
(Required)
Does your project allow for a 25%-35% return?
(Required)
Yes
No
Is this home occupied?
(Required)
Yes
No
Other
Please Type The Other Option
What is your Exit Strategy on this deal?
(Required)
What is your 2nd Exit Strategy?
(Required)
When is closing of escrow?
(Required)
Do you have a referral agent for this form?
(Required)
Yes
No
Referral Agent Name
First
Last
Referral Agent Phone Number
Referral Agent Email
Subject Property Address
(Required)
What type of property is this?
(Required)
Single Family Home
Multi-Family Home
Condominium
Town House
Other
Please Type Other Option
Do you have a title company you are specifically working with?
Yes
No
Who at the title company are you working with on this deal?
(Required)
Please provide the Title company contact's email or phone number
(Required)
Do you have a Transactional Coordinator that you are working with?
Yes
No
If you do not have a Transaction Coordinator , We can provide one and you will cover the fee. Please confirm that is agreeable
(Required)
Yes, this is agreeable
No, this is not agreeable
Any additional details we need for consideration?
Any additional details we need for consideration?
Max. file size: 6 MB.
Please upload any additional documents needed for consideration. (Constructions Bids, Appraisals , etc)
Max. file size: 6 MB.
Please provide minimum of 5 hud statements from the previous 12-18 months
Max. file size: 6 MB.
Verify you are Human
(Required)
No
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