Loan Application

Section A - General information

Borrower Information *required

First Name*
Last Name*
Phone*
Address*
City*
State*
Zip*
Email Address*
Social Security Number*
Date of Birth*
Entity/LLC Name
Percentage of Entity Ownership
Number of Principals, Including you
How did you hear about us?
Referral Source/ Broker's Name
Referral/Broker Fee
How is the property being sourced?
Loan Officer
Loan Officer's Name
Section B – Real Estate Investment Experience

How Many Investment Properties have you sold after rehabbing them (Fix and Flip)?*
How many investment properties have you rehabbed and held (Fix and Hold)?*
Number of Investment properties sold without rehabbing them (Wholesaling)?*
How many investment properties do you currently own?*
Total number of real estate investment transactions?*

Last four (4) documented investment properties sold:

Property 1

Date Purchased

LLC Name

Property Address

Acquisition Price

Construction Cost

Sale Price

Date Sold

Property 2

Date Purchased

LLC Name

Property Address

Acquisition Price

Construction Cost

Sale Price

Date Sold

Property 3

Date Purchased

LLC Name

Property Address

Acquisition Price

Construction Cost

Sale Price

Date Sold

Property 4

Date Purchased

LLC Name

Property Address

Acquisition Price

Construction Cost

Sale Price

Date Sold

Section C – Deal Information

Loan Type
Property Type
Investment Property Address
Investment Property City
Investment Property State
Investment Property Zip
Amount of financing requested
Cash available for down payment
Purchase price
Construction costs
After repair value
Exit Strategy
Number of units
Months from purchase date until construction complete
Months from construction complete to sale date
No. of such projects you will do at a time
Name of Wholesaler (if applicable)
What is the wholesale fee?
Section D – Personal Financial Statement

Employer / Business Name:
Office Phone:
Employer / Business Address:
City:
State:
Zip Code:
Assets Amount
Cash, Checking, & Savings
Stocks/Bonds
Retirement (401k, IRA)
Real Estate
Loans Receivable
Automobiles
Other Assets
TOTAL
Liabilities Amount
Notes Payable
Mortgages Payable
Auto Loans
Credit Cards
Student Loans
Unpaid Income Tax
Other Liabilities
TOTAL

Income taxes settled through what date?

Additional Sources of Income

Salary, Bonuses & Commissions
Dividends
Real Estate Income
Other
TOTAL

General Information

Have you ever had a foreclosure or Bankruptcy? YesNo

If Yes, Explain

SCHEDULE A - CURRENT REAL ESTATE PORTFOLIO

Property 1

Location of Property

Owner/Entity Name

% of Ownership

Property Type

Year of Purchase

Cost (C) or Market (M)

Mortgage

Property 2

Location of Property

Owner/Entity Name

% of Ownership

Property Type

Year of Purchase

Cost (C) or Market (M)

Mortgage

Property 3

Location of Property

Owner/Entity Name

% of Ownership

Property Type

Year of Purchase

Cost (C) or Market (M)

Mortgage

Property 4

Location of Property

Owner/Entity Name

% of Ownership

Property Type

Year of Purchase

Cost (C) or Market (M)

Mortgage

Authorization Form

The information First Equity Funding, LP obtains will only be used in the processing of this application. I hereby authorize First Equity Funding, LP or its affiliates to order a background check, tax transcript, attorney fee, and consumer credit report, to verify information for any borrower associated with the loan. I hereby authorize First Equity Funding, LP or its affiliates to provide these items and charge my credit card to pay for these services.

I further authorize First Equity Funding, LP or its affiliates to order an appraisal and charge for the service if the borrower is not charged directly by the appraisal company. The appraisal fee may vary based on the property type. Additionally, First Equity Funding, LP or its affiliates will charge a fee for each draw inspection. I hereby authorize First Equity Funding, LP or its affiliates to charge the borrower a processing fee once a loan term sheet has been issued. It is understood that a copy of this form serves as an authorization. I understand this is not a commitment to lend and that these fees are non-refundable.


Cardholder Name:*
Phone Number:*
E-Mail:*
Billing Address:*
City:*
State:*
Zip Code:*
Card Type (Select one):*
Expiration Month:*
Expiration Year:*     
Credit Card Number:*
Card Security Code(CVVC):*

Borrower Signature:*