Rehab Loan Application
www.TexasRehabLoan.com     Monty Busch     214-824-0417
Minimum Loan Amount: 50,000  No Owner Occupied Properties
Submit Loan docs to: Dallas@USlandFunds.com or by fax to 214-242-3753
                                                                        Cursor each box and type answers below:

 

FOR SUPPORTING DATA (APPRAISALS, TITLE, OTHER DOCS) UPLOAD HERE (CLICK)


Date:

 

Borrower name:

 

Borrower phone and email:
Realtor contact (for appraisal access)

 

Borrower’s address:

 

Subject property Address (rehab project):

 

Property type:

 

Size (square feet):

 

Year built:

 

Purchase price:

 

Projected improvements (budget):

 

Appraised value (after repaired):

 

Appraisal district value (amount):

 

Requested loan amount:
(Purchase plus repairs)

 

Projected closing date/contracted date:

 

Credit score:

 

Notes (history): is this a flip from a wholesaler or other?

 

Experience:

 

Contractor/who will manage project:

 

Title company and contact:

 

Insurance company and contact
Realtor contacts(who will grant access)

 

Terms quoted:

 

Exit (rental or flip):

 

PLEASE INITIAL BELOW:
I have READ AND UNDERSTAND that I will bring money to closing and my funds for repairs will be issued in draws. _____(funding will be up to 95% of total cost   /purch+repairs)
I will be making monthly interest payments_________
I am approved for permanent financing______(see Monty Busch for approval)
List of Repairs
                                                                                             Estimated Cost:


Permits

$

Demolition / Trash / Dumpsters

$

Exterior Repairs

-----------------

   Termite Inspection / Treatment

$

   Foundation / Structural Report

$

   Roofing

$

   Windows

$

   Doors

$

   Siding

$

   Carpentry

$

   Deck / Porch

$

   Driveway, Walkway, Patio

$

   Landscaping

$

   Other?

$

HVAC

-----------------

   Rough

$

   Finish

$

Plumbing

----------------

   Rough

$

   Fixtures

$

   Finish

$

Electrical

---------------

   Rough

$

   Fixtures

$

   Finish

$

Interior Repairs

---------------

   Sheet Rock

$

   Doors

$

   Carpentry

$

   Other

$

   Other

$

   Other

$

Kitchen

---------------

   Cabinets

$

   Countertops

$

   Appliances

$

Bathrooms

--------------

   Bath 1

$

   Bath 2

$

   Bath 3

$

Painting

--------------

   Interior

$

   Exterior

$

Flooring

-------------

   Carpet / Vinyl

$

   Tile

$

   Hardwood

$

Insulation

$

Final Cleanup

$

Other:_____

$

Other: _____

$

Other: ______

$

Other: ______

$

Other: ______

$

 

 

                                 Total Estimated Rehab Cost

$

 

 

NOTE:

  1. Draw requests need to be in writing and must specify the work completed and must be supported by documentation for labor and materials to be provided to the property.
  2. Lender will inspect the completion of the work contemplated by each draw request and upon Lender’s satisfaction that the work has been completed the draw will be funded.
  3. On draws where the amount is in the loan, a $150.00 inspection fee will be charged to the borrower for each property inspection.