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Personal:

Unexpired government issued photo ID

Social Security Card

Any immigration documents or work permits

Assets:

Most recent 2 months of bank statements (all pages /  all accounts)

Most recent quarterly brokerage account statement (or 2 months) (all pages)

Income:

Most recent 2 years of personal and business tax returns (all pages and all schedules)

Most recent 2 years all 1099's and W-2's (if any)

Most recent paystubs covering a full 30-day period (if any)

Most recent 12 months of business bank statements (all pages / all accounts) for income calculation IF SELF EMPLOYED

Liabilities:

Mortgage Statements, Property Tax bill & Insurance Statement for all real estate owned

Any divorce decrees, child support documents

Purchase Price

Estimated Rehab Budget

Estimated After Repaired Value

Property Address

Property Type

Borrower Entity Name

Sponsor ID: Driver’s License & Social Security Card or Passports / visa (all parties)

Borrower Estimated Credit

Citizenship / status

Borrower Liquidity

Borrower Relevant Experience (last 24 months)

Estimated Time Requested for Rehab

Exit Strategy (sell or refi to rent?)

Property Address and Type (SFR or # of units)

P

urpose – Purchase / Rate and Term Refi / Cash Out Refi

Current Lease(s) / amount or market rent? Taxes, Insurance, HOA?

Estimated market value

Sponsor ID: Driver’s License & Social Security 

Card or Passports / visa (all parties)

Estimated Credit

Borrower Experience (list properties owned)

Borrower Liquidity (2 months statements - all accounts)

Citizenship / status (any relevant documents)

Other details: Confirm you own a primary residence

Refi: purchase date & purchase price? Refi: Payoff

Property Type to be built

Purchase Value

Construction Budget Build Cost 

(Hard Cost) Plans / Permits (Soft Cost)

As Built Value Mortgage Payoff (If they own the land or lot) 

Original Purchase Date & Price of land or lot Credit Score 

Borrower Liquidity 

Citizenship / status 

Flip Experience last 3 years? 

New construction builds last 3yrs? 

Heavy rehab projects (rehab exceeding purchase price) in the last 3yrs?

Time to complete project

Narrative Loan Scenario: Summary of what you are trying to do

Scope of Work (if this is a rehab or construction): SOW & Line-Item Budget

Proceeds (if this is a refinance): What are you doing with the proceeds of the loan?

Property: Complete Address, (refi: mortgage statement, payoff letter), construction budget(s), phases?

Rental Property: Rent Rolls or anticipated rental income (multi-family: T12 or similar income/expense)

Sponsor ID: Driver’s License & Social Security Card or Passports / visa (all parties)

Include Estimated Credit Score

Track Record: Background of Management Team (Similar Project experience)

Personal Financial Statement

Assets: Business & Personal Bank Statements (2 months)

Three years of Business and Personal Tax Returns

Three years of year-end CPA prepared financials (if applicable)

Year to Date Financials 

Business Debt Schedule & Business Balance Sheet

Business Documents:

o Articles of Incorporation

o Certificate of Good Standing

o Operating Agreement / and JV Agreement if you have a JV for this project

Any letters or mail from the IRS 

List of all entities that you own & EIN (original IRS EIN letter if possible)

2 previous years of all financials for all entities, including:

1040’s and all schedules

1120s and all schedules

990s complete

Any 1099s, W2’s and K1s either issued or received

Any Business debt schedules 

Any Business balance sheets 

Any profit & loss statements

Any personal financial statements 

Monthly business bank statements

Business credit cards or personal credit cards that you use for the business 

(all years that we will be filing)