Pre-Qualification for a Multi-Family Construction Loan

Pre-Qualification for a Multi-Family Construction Loan
(585) 256-2600 Phone - (585) 256-2836 -Fax
SUBMISSION OF THIS FORM IS FOR PRE-QUALIFICATION PURPOSES ONLY AND NOT INTENDED TO BE USED AS A LOAN APPLICATION

Please complete the following:

Borrower Name

Borrower Address

Borrower City, State, Zip

Co-Borrower Name

Co-Borrower Address

Co-BorrowerCity, State Zip

Daytime Phone

Email Address

Loan Amount Required $

Property Address, City, State, Zip

Lot Cost $

Balance Owed on Lot $

Date of Lot Purchase

Lot Size

Lot Current Value (if applicable) $

Sq Feet of Living Space

Garage

Cost to Build $

Basement:

Number of Units

Size of Each Unit

Estimated Time to Build (months)

Building Permits Approved

Construction Started

If Started; Percent Completed

If Not Started; Estimated Start Date:

Estimated Completed Value $

Cash Available to Invest in Property $

Source of Cash

Total Savings 401k, IRA's, Stocks, Etc $

Is Your Credit Score (Co-Borrower)

Is Your Credit Score (Borrower)

If you know your credit score please provide (Co-Borrower)?

If you know your credit score please provide (Borrower)?

Co-Borrower Employer

Co-Borrower Monthly Salary $

Borrower Employer

Does Co-Borrower receive a W2?

Borrower Monthly Salary $

Co Borrower Length of Employment (years)

Does Borrower receive a W2?

Any Building Experience, if so describe:

Borrower Length of Employment (years)

Construction Type

Custom Home Features? If so describe:
(ie: custom windows, floors, etc.)

What work will be contracted out - i.e. Foundation, Framing, Electrical, Etc.

If you have a Builder, how was Builder chosen?

Comments

NOTE: ** If Builder is to Complete Less Than 90% of Project, Please Submit Under the Self Build

NORMANDY CORPORATION
NMLS #71492
46 Prince Street, Rochester, New York 14607
800-390-7536 * 585-256-2600 * Fax:585-256-2836
Email:�info@normandy.com

Hours: Monday � Friday 9 am to 5 pm EST