Real Estate Funding Quote - Velocity Lending Solutions

Type of funding needed *

What is your exit strategy? *

What is the DSCR loan for? *

Is the loan for you or for your client? *

Name *

First

Last

Email Address *

Phone Number *

Company Name *

Citzenship Status *

Do you have a US Visa or Work Authorization? *

Please specify visa type and expiration date *

Middle FICO score *

Middle FICO Score (write N/A if you don't have one) *

Did you ever file for bankruptcy? If so, when was your discharge date? *

Total Cash in All Bank Accounts (Personal and Business) *

Total Value of 401K Account (If available)

Total number of investment properties owned in the last 36 months *

These can be flips, rentals, new construction, but the key is they have to have been an owner on the property within the last 36 months.

How many renovation projects have you completed and exited (either sold or refinanced/rented) in the last 36 months? *

Subject Property Address *

Address Line 1

Address Line 2

City

State

Zip Code

Property Type *

Please specify property type *

How many multi-family (5+ units) renovation projects have you completed and exited (either sold or refinanced/rented) in the last 36 months? *

Is the Condo warrantable? *

Is the property currently occupied? *

How many units? *

Target Loan Closing Date *

Purchase Price *

As-is-Value *

Rehab Budget *

After Repair Value *

Do you have the property under contract? *

Desired Term Length *

Original Purchase Date *

Original Purchase Price *

Amount Spent on Rehab *

As-is-Value *

Amount of Additional Funds Needed *

Will you be using a general contractor? *

After Repair Value *

Original Total general

Is the property currently pre-weather or post-weather tight? *

We define Weather Tight as "if there was a rain storm, no water or wind would intrude on the interior living spaces of the property." In other words, roof, windows, and doors are all installed.

% LTV Desired *

Max 80% (720+ credit required for 80% cash-out)

Preferred Pre-Payment Penalty (PPP) Period *

Existing Mortgage Balance *

Name of Current Mortgage Lender *

Monthly Rental Income (Or Market Rent if Vacant) *

Rental Use Type *

Annual Taxes *

Annual Insurance *

Annual Flood Insurance (if applicable)

Annual Home Association Dues (if applicable)

How many new builds have you completed in the last 36 months? *

Lot Purchase Price *

Do you own the lot? *

Yes
No

What is the existing mortgage balance on the lot? *

Construction Budget *

Property value after construction is completed *

Did anyone refer you to us? If yes, please provide their full name below.

Tell us more about your scenario & what you are looking for in more detail

Real Estate Funding Request Form