Document Needed

Property

• Executed purchase sale agreement and any addenda
  
• Executed broker disclosures
  
• If a community property state, we require the Spousal Consent executed by both parties in the marriage
  
• Scope of work (template available)
  
• Preliminary title report:
• Include 24 month chain of title or deed
  
• Property address and APN references in report
  
• Closing Protection Letter
  
• Tax Certificate
  
• Contact information where we will send closing documents
• Hazard Insurance

Borrower

• Formation document
  
• If borrower is a Corporation, we require the Articles of Incorporation, stamped and filed with the state
  
• If the borrower is a Limited Liability Company, we require the Articles of Organization, stamped and filed with the state
  
• 3 months of bank-issued statements for the borrower. If the borrower is an entity, we require 3 months of the entity’s bank statements. If the borrower is an individual, we require 3 months of the borrower’s personal statements.
  
• Voided check for ACH auto-debit. This voided check needs to coordinate with the bank statements provided.
  
• Schedule of real estate owned and past projects (template available)
  
• Executed Borrower Authorization
  
• Organizational Agreement:
  
• If the borrower is a corporation, we require the entity’s bylaws executed by all members of the entity
  
• If the borrower is an LLC, we require Operating Agreement, executed by all members of the entity
  
• If the state in which your entity is formed doesn’t require an organizational agreement, please execute the Borrower Authorization form