Full Application
Required Docs
Useful Documents
Construction Budget
Useful Documents
Construction Budget
General Info
Initial Loan App Setup
Applicant Info
Borrower & Gurantor Info
Background & Experience
Discolsoures, track record & misc questions.
Borrower Financials
Detailed financials (if Applicable)
Loan & Property/Collateral
Collateral details supporting the loan
Additional Information
Detailed questions to finalize the loan
Required Docs
Upload supporting docs
What kind of program are you looking for?
Fix and Flip
What kind of program are you looking for?
- Select -
1003
Blanket/Portfolio Loan
Bridge Loan
Commercial Bridge
Conventional Financing
New Construction
Cash Out Refi
Fix and Flip
Land
Line of Credit
Rental Loan
SBA-504
Additional Desired Loan programs :
1003
Blanket/Portfolio Loan
Bridge Loan
Commercial Bridge
Conventional Financing
New Construction
Cash Out Refi
Fix and Flip
Land
Line of Credit
Rental Loan
SBA-504
- Select -
Banner Ad
Direct Mail
Google Ad
Google Search
Referral from Friend
Trade Publication
Trade Show
Other
Broker/Referring Party
Bob Rosenthal
Borrower Info
First Name
Frank (copy)
Last Name
flipper
Borrower Email
frank@lendingwise.com
Please Wait...
Secondary Email
2@lendingwise.com
Home Phone
(123) 456-7890
Cell Phone
(305)-606 - 2360
Cell Carrier
vtext
Preferred Communication
Phone
Is there a Co-borrower?
No
Address
123 main
City
miami
State
FL
Zip Code
33135
Mailing Address
Mailing Address same as Current Address?
No
Mailing Address
Mailing City
Mailing State
Mailing Zip Code
Personal Info
Date Of Birth
01/16/1923
Social Security Number
555 - 55 - 5555
Driver License State
Maiden Name
0
650
Credit Score Range
600 - 619
Co-Applicant Information
First Name
Last Name
Email Address
Please Wait...
Home Phone
Cell Phone
Mobile Service Provider
No
Address
City
State
Zip Code
Mailing Address
Same as borrowers mailing address?
No
Mailing Address
Mailing City
Mailing State
Mailing Zip
Personal Info
Date Of Birth
Social Security Number
Credit Score Range
Borrowing Business Entity
Yes
General Business Info
Entity Name
ABC Investments
Entity Type
LLC
Date Of Formation
02/05/2008
State Of Formation
FL
Federal Tax ID/EIN
32 - 5645651
Business Address
Address
1200 S dixie hwy
City
miami
State
FL
Zip Code
33155
No
0.00
Business Details
0
1
)
Business Financials
0.00
0.00
0.00
0.00
0.00
0
Members/Officers
(List all members with 20% ownership or more.)
Same as Borrower/Applicant Info Above
Name
Frank Flipper
Title
President
% of Ownership
100
Address
123 main
Phone
Cell
(305) 606-2360
SSN
555 - 55 - 5555
DOB
01/16/1923
Email
frank@lendingwise.com
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Name
Title
% of Ownership
0
Address
Phone
Cell
SSN
DOB
Email
Drivers License State
Drivers License
Additional Guarantors
HMDA - (Borrower)
N/A
Hispanic or Latino
Mexican
Puerto Rican
Cuban
Other Hispanic or Latino
Not Hispanic or Latino
Not Disclosed
American Indian
Asian
Asian Indian
Chinese
Filipino
Japanese
Korean
Vietnamese
Other Asian
Black or African American
Native Hawaiian or Other Pacific Islander
Native Hawaiian
Guamanian or Chamorro
Samoan
Other Pacific Islander
White
Not Disclosed
Male
Female
Not Disclosed
an option for veteran
Non-Veteran
Veteran
Service-Disabled Veteran
Spouse of Veteran
Not Disclosed
To Be Completed by Financial Institution (for application taken in person)
The Demographic Information was provided through
Face-to-Face Interview (includes Electronic Media w/ Video Component)
Telephone Interview
Fax or Mail
Email or Internet
HMDA - (Co-Borrower)
N/A
Hispanic or Latino
Not Hispanic or Latino
Not Disclosed
American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
Native Hawaiian
Guamanian or Chamorro
Samoan
Other Pacific Islander
Print Race
For example: Fijian, Tongan, and so on.
White
Not Disclosed
Male
Female
Not Disclosed
an option for veteran
Non-Veteran
Veteran
Service-Disabled Veteran
Spouse of Veteran
Not Disclosed
To Be Completed by Financial Institution (for application taken in person)
The Demographic Information was provided through
Face-to-Face Interview (includes Electronic Media w/ Video Component)
Telephone Interview
Fax or Mail
Email or Internet
Borrower Background
Are you a U.S. Citizen?
Yes
Origin
Visa Status
Has the borrower been declared bankrupt within the past 7 years?
No
Please provide filing date, current status, properties included, etc...
borDecalredBankruptExpln
Are there any outstanding judgments against the borrowers?
No
(If Yes, Provide explanation below.)
borOutstandingJudgementsExpln
Do you have any active lawsuits against you?
No
(If Yes, Provide explanation below.)
borActiveLawsuitsExpln
Have you had or currently have any property tax liens?
No
(If Yes, Provide explanation below.)
borPropertyTaxLiensExpln
Has the borrower directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgement?
No
(If Yes, Provide explanation below.)
borObligatedInForeclosureExpln
Is the borrower presently delinquent or in any default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee
No
(If Yes, Provide explanation below.)
borDelinquentExpln
Have you ever been convicted of a felony or other fraud related crimes?
No
(If Yes, Provide explanation below.)
borOtherFraudRelatedCrimesExpln
Background Explanation
Co-borrower Background
Are you a U.S. Citizen?
NA
Has the borrower been declared bankrupt within the past 7 years?
NA
Please provide filing date, current status, properties included, etc...
Are there any outstanding judgments against the borrowers? (If Yes, Provide explanation below)
NA
(If Yes, Provide explanation below.)
Do you have any active lawsuits against you?
NA
(If Yes, Provide explanation below.)
Have you had or currently have any property tax liens?
NA
(If Yes, Provide explanation below.)
Has the borrower directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgement?
NA
(If Yes, Provide explanation below.)
Is the borrower presently delinquent or in any default on any Federal debt or any other loan, mortgage, financial obligation, bond, or loan guarantee
NA
(If Yes, Provide explanation below.)
Have you ever been convicted of a felony or other fraud related crimes?
NA
(If Yes, Provide explanation below.)
Background Explanation
Borrower Experience
Does borrower have Fix & Flip or Buy & Hold experience?
Yes
# of years of experience?
5
# of properties completed in last 36 months
15
List 3 examples of past deals:
Property Type
Single Family
Purchase date
11/17/2018
Purchase Price
250,000.00
Amount Financed
175,000.00
Rehab Budget
50000
Entity Name
ABC Flips
Ownership %
100
Exit
Monthly Rent
Sale Price
325,000.00
Sale Date
11/17/2019
Address
321 man street
City
Miami
State
FL
Zip
33333
Outcome/Profit
650000
Upload HUD
Property Type
Condo
Purchase date
11/10/2019
Purchase Price
385,000.00
Amount Financed
300,000.00
Rehab Budget
25000
Entity Name
ABC Flips
Ownership %
100
Exit
Monthly Rent
Sale Price
450,000.00
Sale Date
11/23/2019
Address
123 bird rd
City
miami
State
FL
Zip
33333
Outcome/Profit
450001
Upload HUD
Property Type
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
City
State
Zip
Outcome/Profit
02
Upload HUD
Yes
0
0
Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Monthly Rent
Sale Price
0
Sale Date
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Outcome/Profit
00
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Monthly Rent
Sale Price
0
Sale Date
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Outcome/Profit
01
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
0
Amount Financed
Rehab Budget
Entity Name
borGUEntityName[]
Ownership %
0
Exit
In progess-To Be rented
Monthly Rent
Sale Price
0
Sale Date
Address
borGUAddress[]
City
borGUCity[]
State
AL
Zip
90210
Outcome/Profit
02
Upload HUD
0
0
Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Outcome/Profit
00
Upload HUD
balance_sheet
Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Outcome/Profit
01
Upload HUD
Property Type
Single Family
Purchase date
Purchase Price
Amount Financed
Rehab Budget
0
Entity Name
borSellEntityName[]
Ownership %
0
Exit
Monthly Rent
Sale Price
Sale Date
Address
borSellAddress[]
City
borSellCity[]
State
AL
Zip
90210
Outcome/Profit
02
Upload HUD
Does borrower have any projects currently in progress?
No
How many?
0
Does borrower own investment properties?
Yes
How many?
5
NA
Do you have any professional licenses?
Select Professional license
License #
1,500,000.00
Primary investment strategy
Residential fix & flip
Typical Transactions
To
To
To
To
To
To
To
To
0
To
To
0
0
To
To
0
0
To
To
0
0
To
To
0
0
To
To
0
Co-borrower Experience
Does borrower have Fix & Flip or Buy & Hold experience?
NA
# of years of experience?
0
List 3 examples of past deals:
Address
Outcome/Profit
Upload HUD
# of properties completed in last 36 months
0
Address
Outcome/Profit
Upload HUD
Address
Outcome/Profit
Upload HUD
NA
0
Address
Outcome/Profit
Upload HUD
0
Address
Outcome/Profit
Upload HUD
Address
Outcome/Profit
Upload HUD
0
0
Address
Outcome/Profit
0
Upload HUD
Address
Outcome/Profit
0
Upload HUD
Address
Outcome/Profit
0
Upload HUD
Do you have any projects currently in progress?
NA
How many?
0
Does borrower own investment properties?
NA
How many?
0
NA
Do you have any professional licenses?
Select Professional license
License #
Primary investment strategy
Primary investment strategy Explain
SBA Questions
Detailed Explanation
$
Loan Amount
$
Add Other Business Info
Assets (Include Borrower + Co-borrower)
Type
Estimated Value ($)
Amount Owed ($)
$
$
$
Savings/Money Market/ CDs
$ 250,000.00
$
$
$
Stocks/Bonds
$ 350,000.00
$
$
$
IRA / Keogh Accounts
$ 150,000.00
$
401k / ESOP Accounts
$
secHide
$
Life Insurance -- Cash Surrender Value Only
$
$
$
$
Home
$ 850,000.00
Home Owed
250,000.00
Secondary Residences
$
Secondary Residences Owed
$
Other Real Estate
$3,500,000.00
Other Real Estate Owed
$ 1,850,000.00
$
$
$
$
$
Other Owed
$
Other Assets
$
$
$
$
$
$
Other Assets Details
Total:
$
5,100,000.00
$
2,100,000.00
Total Est. Value
- Total Amt Owed
= Total Net Worth
$
5,100,000.00
- $
2,100,000.00
= $
3,000,000.00
Schedule of Real Estate Owned and Sold
Property Address
Property City
Property State
Property Zip
Status
Type Of Property
Present Market Value
Balance of Mortgages & Liens
Gross Rental Income
Mortgage Payments
Insurance, Taxes, HOA (If Not Included in Payment)
Titled Under
Purchase Price
Value of Improvements Made
Intended Occupancy
Are there any mortgages or liens?
Creditor Name
Account Number
Loan Status
Monthly Payment
Unpaid Balance
Type
Credit Limit
Is their another mortgage or lien?
Creditor Name
Account Number
Loan Status
Monthly Payment
Unpaid Balance
Type
Credit Limit
Borrower Employment Information
- Select -
Self-Employed
1099
Salary W-2
Retired
Unemployed
Other
I have ownership share of less than 25%
I have ownership share of 25% or more
Monthly Income/Loss $
$
Weekly
Monthly
Every 2 weeks
Twice a month
Co-borrower Employment Information
Employment Type
- Select -
Self-Employed
1099
Salary W-2
Retired
Unemployed
Other
I have ownership share of less than 25%
I have ownership share of 25% or more
Monthly Income/Loss $
$
Weekly
Monthly
Every 2 weeks
Twice a month
Borrower Monthly Income
$
$
$
$
$
$
$
$
$
(Borrower)
Co-borrower Monthly Income
$
$
$
$
$
$
$
$
$
(Co-Borrower)
$
(Borr + Cobor)
Borrower Monthly Expenses
Monthly Payment
Bal Owed
$ 3,739.58
$
$ 46.25
$
$
$
$
$
$
$
$
$
3,785.83
(Borrower)
Co-borrower Monthly Expenses
Monthly Payment
Bal Owed
$
$
$
$
$
$
$
(Co-Borrower)
$
3,785.83
(Borr + Cobor)
Financial Accounts & Securities
Account Type
Name of Institution
0.00
0.00
0.00
Account Number
Balance/Value
Loan Terms
Desired Closing Date
$
From: 9 - To: 10
Borrower Occupancy
Investment
1
Transaction Type
Purchase
Lendingwise
Loan Term
10.000 %
8 %
2 %
120
Interest Only
ILA
$ 4,583.33
No
$ 555.00
$
Yes
5
Resale Price
$
Resale Closing Date
$
Will the property need rehab or construction?
Yes
Acquisition / Purchase Price
$ 500,000.00
Property Value (AS-Is)
$ 525,000.00
ARV
$ 850,000.00
$
maxAmtToPutDownClass
Acquisition Down Payment
$ 0.00
commercialTdFieldsClass
Down Payment %
0.00000 %
transactionalTdFieldsClass
Initial Loan Amount
$
500,000.00
rehabConsClsClass
0.00 %
LOCTotalLoanAmt_dispClass
Initial Loan Amount
$
doesPropertyNeedRehabDispDivCLass1
Rehab/Construction Cost
$ 75,000.00
doesPropertyNeedRehabDispDivClass2
Rehab/Construction % Financed
100 %
doesPropertyNeedRehabDispDivClass3
Rehab/Construction Cost Financed
$
75,000.00
propertyNeedRehabinitialTddispClass
$
payOffMortgage1_dispClass
Pay-Off on Mortgage 1
$
Pay-Off on Mortgage 2
$
Pay Off Oustanding Taxes
$
$
$
propertyNeedRehabinitialTddispClass
$
550,000.00
CORTotalLoanAmt_disp
Total Loan Amount
$ 625,000.00
Total Cash Out
$
Total Loan Amount
$
625,000.00
Total Project Cost
$
575,000.00
$
585,900.00
Total Loan Amount
$
Land Value
$
Simple ARV
66.47
%
Full ARV
73.53
%
Acquisition LTV
110.00
%
Market LTV
104.76
%
Loan-to-Cost(LTC)
108.70
%
% Of Rehab/Construction
(Cost Financed)
100.00
%
106.64
%
Refinance Current Mortgage
Original Purchase Date
Current Lender
250,000.00
Original Purchase Price
$
Cost of Improvements made
$
Monthly Payment
$
Current Rate
0.000 %
%
%
%
Current Loan Balance
$
Subject Property Details
Property Location
Subject Address
35 sw 18th rd
Subject City
miami
Subject State
FL
Subject Zip Code
33129
Property Characteristics
Subject Property Type
Single Family Home
0
0.000 %
# of units
0
0.00
Property Details
Estimated Property Value
Zillow value
2500000.00
Get Zillow Value
URL link 1 to Property
Subject Property Condition
Fair
Condition Notes
Needs lots of renovation work. hasnt been updates since 1995
Property Tax Due Date
1,000.00
0
In Month
Property Access
Who to contact for property access? Name
Email
Lock Box Info
Phone:
Is this loan being cross collateralized?
Yes
How many properties are collateralized? (including subj property)
5
Add Subject Properties
Subject Property Details 2
Property Location
Subject Address
Subject City
Subject State
Subject Zip Code
Property Characteristics
Subject Property Type
0.000 %
# of units
Property Details
Estimated Property Value
Zillow value
Get Zillow Value
URL link 1 to Property
Subject Property Condition
Condition Notes
Property Tax Due Date
Property Access
Who to contact for property access? Name
Email
Lock Box Info
Phone:
Subject Property Details 3
Property Location
Subject Address
Subject City
Subject State
Subject Zip Code
Property Characteristics
Subject Property Type
0.000 %
# of units
Property Details
Estimated Property Value
Zillow value
Get Zillow Value
URL link 1 to Property
Subject Property Condition
Condition Notes
Property Tax Due Date
Property Access
Who to contact for property access? Name
Email
Lock Box Info
Phone:
Subject Property Details 4
Property Location
Subject Address
Subject City
Subject State
Subject Zip Code
Property Characteristics
Subject Property Type
0.000 %
# of units
Property Details
Estimated Property Value
Zillow value
Get Zillow Value
URL link 1 to Property
Subject Property Condition
Condition Notes
Property Tax Due Date
Property Access
Who to contact for property access? Name
Email
Lock Box Info
Phone:
Subject Property Details 5
Property Location
Subject Address
Subject City
Subject State
Subject Zip Code
Property Characteristics
Subject Property Type
0.000 %
# of units
Property Details
Estimated Property Value
Zillow value
Get Zillow Value
URL link 1 to Property
Subject Property Condition
Condition Notes
Property Tax Due Date
Property Access
Who to contact for property access? Name
Email
Lock Box Info
Phone:
Subject Property Cash Flow (Annualized)
60,000.00
Vacancy
$
3,000.00
5.00
Effective Gross Income
$
57,000.00
555.00
3,000.00
Net Operating Income
$
53,445.00
Cap Rate
%
Reserves
$
1.00
Debt Service Ratio
0.97
%
Cash Available To Service Debt
$
54,000.00
VENDOR & EQUIPMENT INFORMATION
1
)
0.00
New
Used
0
Options
Pictures of Property
#
Document Name
File Type / Size
Uploaded Info
No Records Found
Google API Image
1st Lien Current Mortgage Scenario
Interest Only
10.000
0
Monthly Payment Details
3,739.58
555.00
Total Monthly Payment
4,294.58
0.00
0.00
0.00
Rep Name & all other contact info....
2nd Lien Current Mortgage Scenario
0
Rep Name & all other contact info....
Foreclosure / Default Info
2
NA
No