Six Easy Steps of our Loan process…

STEP ONE: PHONE INQUIREY OR WEBSITE APPLICATION:

Complete and submit the Initial Loan Application contained on this website. Once submitted, your Initial Application will be quickly reviewed by our pre-approval team. If appropriate, we will issue a Funding Proposal and/or Loan Commitment based upon the facts of your Initial Application. If we cannot help you, you will be told that why.

STEP TWO: DOCUMENTS

• Copy of the sales contract
• Inspection report: (We typically ask for a foundation and termite inspection
• Scope of Work (we provide a template)
• Email address of your closing agent

STEP THREE: TITLE WORK

• Once you approve our funding proposal, we contact your closing agent to order title and provide them with closing instructions

STEP FOUR: INSURANCE AND CLOSING

• You provide us with proof of insurance, your closing coordinates the closing

STEP FIVE: CONSTRUCTION/REHAB DRAWS

• As work is completed, submit draw requests (using our form) along with pictures of the work. In most cases we process the draw the same day

STEP SIX: SELL OR REFINACE

• If things worked out as planned, you should be walking away from the project with a nice payday or in the case of a buy and hold a long term income property.