Construction Loan Application

LOAN

You may apply as an individual, regardless of your marital status.

Borrower (B1):
Co-Borrower (B2):
Telephone:
Fax:
Borrower 1 Cell:
Borrower 2 Cell:
Borrower 1 Email:
Borrower 2 Email:

LOT INFORMATION

Date purchased:
Original cost: $
Market value: $
Earnest Money Agreement?
Purchase Price: $
Closing Date:
Lot Address or Legal Description
City:
State:
Zip:
County:
Name of lender and/or contract/lien holder:
Balance:
Interest rate:
Monthly Payment:

1.

$

%

$

2.

$

%

$

Lot Size:
Sewer Type
Water type

PROJECT DESCRIPTION

No. of Bedrooms:
No. of Bathrooms:
3/4:
1/2:
Garage Sq.ft:
No. of Cars:
Size (Sq. ft):
Basement:
1st Floor:
2nd Floor:
Total:
Finished:
Basement:
1st Floor:
2nd Floor:
Total:
Un-Finished:
Basement:
1st Floor:
2nd Floor:
Total:
Features:
Basement:
1st Floor:
2nd Floor:
Total:

CONSTRUCTION

Building Permit Status
Has Construction Started
Estimated / Actual Start Date:
Finish Date:
How long will you need the loan: (Months)
Describe improvements made to date:
Cash paid for work completed: $
Loan amount requested: $
Total hard costs of const. (not incl land): $
Market value when complete: $
How much do you have available to contribute to the project?
Cash: $
Credit: $

I/We certify that the information provided is true and correct and authorize Lender to verify information directly or through a credit agency.

Borrower Signature
Date:
Co-Borrower Signature
Date: