Construction/Development Loans

 

An expression of interest requires the following:

1. Background on purchasing company, individuals (why,who,what?).
2. Purchase Agreement.
3. Financial Statements for Purchaser-3 years.
4. Individual Personal Net Worth and application (found on our website).
5. Requested amount, term, amortization.
6. Current state of zoning, rezoning information, documentation from the City.
7. Blueprints, and Construction Cost.
8. Background on Builder, General Contractor.
9. Current value, expected future valuation.
10. Any digital pictures of the property(a picture is worth a thousand words).

Commitment will folllow upon submission of:

1. Appraisal of the property/properties.   We often can use dated appraisals, so please present them prior to ordering new ones. 
2. Environmental Phase 1. 
3. Geotechnical Report (soils report).