Apply online (scroll down ) or
download the
For full loan submission after completing the Texas Rehab Loan Application:
1.Contract (unless wanting preapproval)
2.Repair budget (if there is subject rehab property)
3.Insurance –builders risk if rehab involved
4.Articles of Incorporation (entity docs) and coporate by laws
.
Full checklist :
Please make sure all documents are :
A: labeled with contents clearly (word doc,pdf, or excel)
B. email (if too large please upload to our server (www.uploadmyloan.com)
Organization will increase the speed of decision making and closing, we are not an admin. staff, we are lending company and real estate professionals.
PROPERTY & DEAL INFORMATION:
Contract (signed ) __
Rent Roll(if multi family)
Appraisal (if you have one , or old one ) __
Rehab (detailed) budget:
Contractor info
Contract with your contractor (if applicable) :
Misc 3rd party reports: __
Survey __
BORROWER INFO:
Borrower identification ___
Bank statements (last 3 unless “bank statement program’ , then need 24
Voided check for ACH withdraw
CREDIT: (report if availbale) :
Articles of LLC,LP /other:
By Laws associated with Entity (signed)
EIN and TAX ID associated with entity
Experience with rentals and flips (current REO schedule and history of flips- how many total)
CONTACTS ASSOCIATED WITH LOAN:
- Contact info (if not borrower) for access to loan
- Borrowers insurance agent (contact info)
- Title company (contact info)
Thanks