Fix And Flip Mortgages | Fix And Flip Financing



0-79629000Borrower InformationBorrower NameMaiden Name (if applicable)Marital Status Married FORMCHECKBOX Single FORMCHECKBOX Number Of Dependents?Birth DateU.S. Citizen?Yes FORMCHECKBOX No FORMCHECKBOX If not citizen, alien registration numberBirth PlaceSocial Security NumberPercentage Of OwnershipBorrower Credit Excellent FORMCHECKBOX Good FORMCHECKBOX Fair FORMCHECKBOX Poor FORMCHECKBOX Approximate Credit ScoreEver filed personal or business bankruptcy? Yes FORMCHECKBOX No FORMCHECKBOX If yes, when discharged?IRS liens? Yes FORMCHECKBOX No FORMCHECKBOX Foreclosure?Yes FORMCHECKBOX No FORMCHECKBOX If yes, date?Short Sale?Yes FORMCHECKBOX No FORMCHECKBOX If yes, date?Loan Modification?Yes FORMCHECKBOX No FORMCHECKBOX If yes, date?Current IRS liens?Yes FORMCHECKBOX No FORMCHECKBOX If yes, date?Current judgments?Yes FORMCHECKBOX No FORMCHECKBOX Mortgage lates? Yes FORMCHECKBOX No FORMCHECKBOX Party to lawsuit?Yes FORMCHECKBOX No FORMCHECKBOX Provide additional info ifyes to above Ever arrested for a felony offense?Yes FORMCHECKBOX No FORMCHECKBOX On probation / parole? Yes FORMCHECKBOX No FORMCHECKBOX If yes, attach explanationOwn or rent home?Own FORMCHECKBOX Rent FORMCHECKBOX Address (No P.O. Box)City, State, ZipHow long at address?If less than five years, list previous addressAddress (No P.O. Box)City, State, ZipTelephone (W)Telephone (C) Telephone (H)Email Are you a realtor? Yes FORMCHECKBOX No FORMCHECKBOX Are you a contractor? Yes FORMCHECKBOX No FORMCHECKBOX Have you flipped properties? Yes FORMCHECKBOX No FORMCHECKBOX Approximate # Owned investment properties? Yes FORMCHECKBOX No FORMCHECKBOX Approximate # Are you in a real estate investor group? Yes FORMCHECKBOX No FORMCHECKBOX Work Experience (List chronologically with present employer)EmployerDatesAddress City, State, ZipDutiesEmployerDatesAddressCity, State, ZipDutiesEmployerDatesAddressCity, State, ZipDutiesCorporate Information (If filing as business / corporation)Company NameCompany DBABorrowing EntityCorporation FORMCHECKBOX S-Corp FORMCHECKBOX C-Corp FORMCHECKBOX Partnership FORMCHECKBOX Ltd Partnership FORMCHECKBOX Sole Proprietor FORMCHECKBOX LLC FORMCHECKBOX State Of IncorporationDate Of IncorporationDate EstablishedCompany AddressCity, State, ZipPartner #1Ownership PercentagePartner #2Ownership PercentagePartner #3Ownership PercentageAll partners required to fill out page 1 (Varies by lender)Transaction InformationSubject Property AddressCity, State, Zip(If transaction involves more than one property, provide list of properties in attached schedule)Purpose Of LoanPurchase FORMCHECKBOX Rehab FORMCHECKBOX Purchase & Rehab FORMCHECKBOX Refinance FORMCHECKBOX Line of Credit FORMCHECKBOX Type Of PropertySFD FORMCHECKBOX SFA FORMCHECKBOX MF2 FORMCHECKBOX MF3 FORMCHECKBOX MF4 FORMCHECKBOX MF5+ FORMCHECKBOX Condo FORMCHECKBOX Townhome FORMCHECKBOX If purchase, are you working with a realtor? Yes FORMCHECKBOX No FORMCHECKBOX Year BuiltRealtor NameRealtor PhoneIf purchase, purchase priceCurrent “as is” valueRehab costsAfter Repair Value (ARV)Under Contract? Yes FORMCHECKBOX No FORMCHECKBOX Desired closing date?Purchasing as an individual or corporation? Individual FORMCHECKBOX Corporation FORMCHECKBOX Down Payment?Source Of Your Down PaymentExit StrategySell / Flip FORMCHECKBOX Refinance FORMCHECKBOX Rent FORMCHECKBOX Using Gap Funding?Yes FORMCHECKBOX No FORMCHECKBOX If refinance, loan amount? Loan To Value (LTV)If rehab, loan amount? Current Value?After Repair Value (ARV)If line of credit, credit limit requested?Make sure to complete the Personal Financial Statement (PFS), and the Rehab Budget Worksheet. If you have flipped multiple properties or own multiple investment properties, fill out the Rehab Transactions / Investment Property worksheet. ................
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