UNDERWRITING  SUBMISSION(Monty Busch)

Checklist

Submission Summary(below) ___

Personal Financial Stmt____

Resume__

Budget and plans___

Appraisal__

Contract___(if purchase)

Note other supporting docs_________________________________________________

 

(THIS  IS YOUR CHANCE TO GIVE YOUR 2 MINUTE ELEVATOR SPEECH ON YOUR PROJECT) DONT MISS THE CHANCE FOR GOOD IMPRESSIONS!

PROJECT NAME:   

PROJECT ADDRESS:   

Principle (name,phone,email)MUST PROVIDE  :

Loan request amount:

When funding needing and why?

Purchase price :

Amount owed: (if refinance)

Current Lienholder: (if refinance)

 

Use of funds : (ex: loan to buy land and develop into commercial retail site)

 

Description of property (acres, units….)

:

Does the property produce income (explain)

 

As is value of project  / land :

 

Developed value (project complete value)

 

Cash currently in deal: explain

CASH AVAILABLE FOR INPUT:

Amount owed:

 

Original purchase date & price ( if refinance)

 

Entity info(what kind) ex: llc, single asset, lp…

 

Repayment method / exit : (ex: sale of lots  /pad sites to builders)

Do you need interest reserve?

Are you currently making int. payments:?

 

Experience with this type of project:

 

other collateral available? Please provide complete schedule of REO

 

Why are you seeking private funding (ex: need to move quick, etc..)

 

If declined elsewhere, why?

 

Do you have website: please link

 

Terms wanted : length of loan, interest rate expected, etc.

 

 

 

Comments : other important points of loan and project. WHY WILL THIS PROJECT WORK?!!

 

What does city say about future land use?

(this is important for land deals---ASK)

 

Broker and contact :

=

Monty Busch 214 213 8967  dallas@uslandfunds

Fax 214 242 3753