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 :
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Loan request amount: When funding needing and
why? Purchase price : Amount owed: (if refinance) Current Lienholder: (if
refinance) |
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Use of funds : (ex: loan to
buy land and develop into commercial retail site) |
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Description of property
(acres, units….) : Does the property produce
income (explain) |
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As is value of project / land : |
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Developed value (project
complete value) |
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Cash currently in deal:
explain CASH AVAILABLE FOR INPUT: Amount owed: |
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Original purchase date
& price ( if refinance) |
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Entity info(what kind) ex:
llc, single asset, lp… |
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Repayment method / exit :
(ex: sale of lots /pad sites to
builders) Do you need interest
reserve? Are you currently making
int. payments:? |
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Experience with this type
of project: |
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other collateral available?
Please provide complete schedule of REO |
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Why are you seeking private
funding (ex: need to move quick, etc..) |
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If declined elsewhere, why? |
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Do you have website: please
link |
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Terms wanted : length of
loan, interest rate expected, etc. |
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Comments : other important
points of loan and project. WHY WILL THIS PROJECT WORK?!! |
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What does city say about
future land use? (this is important for land
deals---ASK) |
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Broker and contact : |
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Monty Busch 214
213 8967 dallas@uslandfunds |
Fax 214 242 3753 |