The Loan Process

Step One: Fill out our Online Loan Application.

* If you can not fill it out online you contact us for more details and to make other arrangements.

Step Two: Application Review.

Once we receive your completed application, we will review the application and call you to discuss.

Step Three: Additional Documents.

After the Application review, the next step is for you to submit your purchase contract and renovation list.  Then we will provide you with a Good Faith Estimate to review and approve.

Step Four: Loan Processing & Underwriting

Once the Good Faith Estimate has been approved, we will then order an appraisal and title. Our construction manager will visit the property with the borrower to go over the bid sheet and construction that will be performed on the property.

Step Five: Closing & Funding

At this time we will set up the closing with our preferred attorney and send over the closing instructions/documents along with the wire to fund the transaction. The borrower is required to provide the necessary property insurance prior to closing.