Borrower
Who we're lending to. Use the name that will appear on the loan documents.
Date of birth
Month
January February March April May June
July August September October November December
Month and year is enough here.
Background
These questions cover you and any business you're affiliated with.
Property and deal
The property you're buying and the numbers behind it. Estimates are fine where you don't have exact figures yet.
Property
State
Select
MD DC VA DE PA WV Other
Because the property is owner-occupied and the seller is behind on the mortgage, we reserve the right to have the documents reviewed for compliance with the Maryland Protection of Homeowners in Foreclosure Act of 2005 (SB 761), at the borrower's expense. This review runs about $250.
Deal
Repair estimate
$
A rough total is fine. You can itemize it on the next step.
Calculated from your itemized estimate on the next step.
Deal snapshot
Purchase price $0
Repairs $0
After repair value $0
Requested loan $0
0% Loan to
Comparable sales (optional)
If you have comps you'd like us to consider, list them here. You can email MLS listings after you submit.
Sold comps
Add a sold comp
Active or under-contract comps
Add an active comp
Repair estimate
Check what the scope includes and put a cost next to each line. Skip anything that doesn't apply. The total flows back to your deal numbers.
Siding and exterior paint
$
Drywall and interior paint
$
Repair total
$0
This total becomes the repair estimate in your deal numbers.
Entity and financials
Who's taking title, your personal information for the credit check, and your experience and reserves.
Applicant
Your personal details for the loan file.
Employment (optional)
Skip this if real estate is your full-time work.
Review and sign
Check everything once more. You can edit any section before you send.
Certification and authorization
I certify that the information in this application is accurate and true, and that I provided it voluntarily to Property Flip Loan and Forty Two Holdings LLC to obtain a short-term commercial loan.
I authorize Forty Two Holdings LLC, or its agents, to verify any information, references or statements furnished by me or by others; to obtain a consumer credit report; and to obtain any other information it considers necessary to process this application and maintain our relationship.
By typing my name below, I am signing this application electronically, and this signature has the same effect as a handwritten one.
I've read the certification above and everything in this application is accurate to the best of my knowledge.
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