New Loan Request

Bridge is only bound by written loan commitments/Do not rely on verbal indications of interest in funding a loan.

Please fill in your current best estimate of these costs. You are free to change them later. You must put a figure in each field. (None of this is shared with anyone outside of Bridge).

You must fill in all fields. Type "NA" (not applicable) for fields that do not apply

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Please fill in your current best estimate of these costs. You are free to change them later. You must put a figure in each field.
Purchase $
Rehab $
Other Costs $
Total $
Proposed loan amount:
Estimated value of property as-is:
Estimated after rehab value:
Address of collateral:
Describe collateral
(examples: 3 BR row, or 4 unit apt bldg):
Proposed priority of Bridge lien:
Use of Proceeds:
Project documentation in existence:
(e.g. contract, auction, notice, appraisal, market analysis, environmental assessment, survey)
How do we gain access to the property if we want to inspect it?
In the space provided, give either the combination for the lock box or the name and contact information of someone with a key.

Name of borrower/borrowers principal(s):
Individual Name:
Name of company:
Phone:
Email:
When do you need to close? Why that date?
Other useful information about the property or about the borrower's real estate experience:

Do you have a broker?
Broker Information:
Broker's name:
Broker's Address:
Broker's Phone (cell and office preferred):
Broker's Email address:

If a loan is approved, the borrower will receive a written loan commitment showing the terms under which the lender will be bound. Bridge is only bound by written loan commitments. Do not rely on verbal indication of interest.

No funding without Builders Risk Insurance, Liability Coverage and a paid receipt for a year’s premium.

Rehabbers must obtain applicable building permits.


 


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