Construction Loan Application

Construction Project Information

1. Description of your construction project?

2. Do you own land?

Yes No

3. Date of land purchase?

4. What is your land balance?

5. What loan amount are you expecting to apply for including the land balance?

6. What is your estimated construction cost total?

7. What is your total pre-paid costs to date (i.e., house plans, engineering, grading, permits, etc.)?

8. What is the estimated finished value of your home upon completion?

9. What is your current credit score?

Property Information and Purpose of Loan

Subject Property Address (street, city, state & ZIP)

No. of Units

Complete this line if construction or construction-permanent loan

Year Lot Acquired

Original Cost

Amount Existing Liens

(a) Present Value of Lot

(b) Cost of Improvements

Total (a + b)

$0.00

Borrower Information

Employment Information

Borrower

Name & Address of Employer

Self Employed

Yrs. on this job

Yrs. employed in this line of work/profession

Position/Title/Type of Business

Business Phone (incl. area code)

Previous Employment (if less than 2 years at current job)

Name & Address of Previous Employer

Monthly Income

Co-Borrower

Name & Address of Employer

Self Employed

Yrs. on this job

Yrs. employed in this line of work/profession

Position/Title/Type of Business

Business Phone (incl. area code)

Previous Employment (if less than 2 years at current job)

Name & Address of Previous Employer

Monthly Income

Monthly Income and Combined Housing Expense Information

Gross Monthly Income

Income Type

Borrower

Co-Borrower

Total

Base Empl. Income*

$0.00

Overtime

$0.00

Bonuses

$0.00

Commissions

$0.00

Dividends/Interest

$0.00

Net Rental Income

$0.00

Other

$0.00

Total

$0.00

* Self Employed Borrower(s) may be required to provide additional documentation such as tax returns and financial statements.

Combined Monthly Housing Expense

Expense Type

Present

Proposed

Rent

N/A

First Mortgage (P&I)

N/A

Other Financing (P&I)

N/A

Hazard Insurance

N/A

Real Estate Taxes

N/A

Mortgage Insurance

N/A

Homeowner Assn. Dues

N/A

Other

N/A

Total

$0.00

Assets and Liabilities

This is the final step of your construction loan application. Please review all the information you've entered before submitting.

By submitting this application, you certify that the information provided is true and correct to the best of your knowledge.