In addition to the online application, we will need:
- Ideally, at least one Fix & Flip project completed during the past 36 months; all other experiences will be evaluated on a case-by-case basis.
- Formation documents if the borrower is an entity:
- EIN document
- Certificate of Good Standing
- Articles of Organization/Formation
- Operating Agreement if existing
- Individual borrowers must have filed the last two years of Federal income tax returns.
- Entity borrowers must have filed the last two years of Federal income tax returns (where applicable)
- To qualify, all members must have filed federal income tax returns for the past two years and at least one member has a credit score of 620 or above
- Copy of driver’s license of individual borrower or principals of entity borrower
- A credit report (not just score) within the past 90 days for an individual borrower or at least one principal of entity borrower can be submitted for verification.