Fix and Flip / Hold Loan Application

- Step 1 of 12

Are you the borrower or broker representing the borrower? *

Are you working with an Account Representative at TaliMar Financial? *

What is the name of your Account Representative? *

Name *

First

Last

Phone *

Email *

Do you have a Mortgage Broker for this purchase? *

Broker Name *

First

Last

Broker Email *

Broker Phone *

What is the Borrower's name? *

We request the Borrower name and contact information for the Term Sheet. We will not contact the Borrower until we have received written approval from you.

Borrower's Email *

Broker Information

Name of Broker *

First

Last

Broker Phone *

Broker Email *

Have you signed up for the Preferred Broker Account Program?

Do you have a Broker Agreement signed with the Borrower? *

Are you earning a Broker Fee for the transaction? *

What is the Broker Fee (% of Loan Amount)? *

Wholesale Information

Is the property being purchased through a wholesaler? *

A "wholesaler" is a person or company that sells the purchase contract to an actual end buyer of the property

Enter the name of the wholesaler *

Enter the phone # of the wholesaler *

Enter the e-mail address of the wholesaler *

Enter the wholesale fee *

Borrower Information

Primary Contact *

First

Last

Phone

Email *

What name will show on title at close? *

Example. Jon Doe, Jon Doe and Jane Doe, Borrower LLC, Borrower Corp,

Have you completed a Borrower Application for the person(s) or entity which will be borrowing the funds in the last 12 months? *

In order to be issued a Term Sheet, you must have completed a Borrower Application for yourself or the entity under which you will be borrowing the funds in the last 12 months. If you have not completed a Borrower Application in the last 12 months, you will receive a follow up e-mail with a link to the application.

Property Information

What is the Property Address? *

Address Line 1

Address Line 2

City

State

Zip Code

# of Living Units *

Units

Total Square Footage of Building(s) *

Is any of the square footage not permitted? *

Explain *

Include amount of unpermitted SF and if you intend to permit it.

# of Bedrooms *

# of Bathrooms *

What is the condition of the property?

Do you intend to live in the property? *

Loan Details

What type of transaction is this? *

Refinance Transaction

How much was the original purchase price of the property? *

Describe any work completed on the property. *

Is there a current loan on the property? *

What is the balance of the loan? *

What is the monthly payment on the loan? *

Is the loan current? *

Explain *

Will this loan be payed with the requested loan? *

Purchase Details

Do you have a signed Purchase Agreement? *

What is the Purchase Price? *

What is the Close Date? *

Are there any seller credits negotiated in the purchase price?

How much in seller credits? *

Who is the Escrow Officer for this purchase? (Leave blank if no Escrow has been opened yet)

First

Last

Escrow Phone Number (leave blank if unknown)

Escrow Email Address (Leave blank if unknown)

Do you have a preferred Insurance agent? *

Insurance agent name *

Insurance agent email address *

Are you requesting a Proof of Funds Letter for your offer? *

Renovation Details

What is the Renovation budget? *

Describe the Improvements to the property that will be completed. *

Do you intend to apply for a permit for the work? *

Explain *

Will you be making any changes to the layout or adding any additional square footage? *

Please explain the changes. *

Will you use a 3rd party licensed contractor to complete the work? *

Name of Contractor *

Contractor License Number *

What is the estimated duration of the Renovations (Months)? *

Months

Finished Value

Will be using a capital partner for a portion or all of the capital requirements? *

Provide the contact information for the capital partner. *

First

Last

Phone number for the capital partner. *

Email for the capital partner. *

Will there be another Capital Partner? *

Provide the contact information for the Additional Capital Partner. *

First

Last

Phone number for the additional partner. *

Email for the additional capital partner. *

What is the estimated Finished Value? *

Have you had an appraisal completed? *

What is the estimated duration of the entire Project (Months)? *

What is your Exit Strategy to repay the loan? *

Explain *

Are you interested in our 30 Year Rental Loan Program? *

How did you hear about TaliMar Financial? *

Please Explain. *

Please provide the name of who referred you to TaliMar Financial. *

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