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LOAN APPLICATION

  • Fill out the application. Do not leave any field blank.
  • If a field does not apply to you, type "N/A."
  • If you are the borrower, ignore the "Broker" information.
  • We will contact you within 24-48 hours to discuss your loan application. If we are interested in funding your loan, we will request that you fax several supporting documents to our office. The needed documents will vary for each loan request.
 

* Denotes Required Field.

*Borrower’s Full Name:


Borrower’s Street Address (including City, State, and Zip):


*Subject Property's Exact Address (including City, State, and Zip):


*Contact E-mail:


*Borrower’s Telephone:

Broker’s Name:

Broker's Telephone:

Best Time to Call:


*How did you hear about WN Funding? 


*Which loan are you applying for? 

=> If you do not know which loan you need, click here.



*Purchase or Refinance?


Purchase Price:

Down Payment Amount:

*What is the current ‘As-Is’ value?

*Loan Amount Requested:

*Loan Term Length Requested:

*Borrower’s gross annual income?

Borrower’s Credit Scores:



Does this property need rehab or construction work?

Repairs or Construction Needed (dollar amount):

Estimated After-Repair or After-Constructed Value:

What would this property rent/lease for after-repair?

Are there good “comps” to support the value of this property?



How do you plan to make interest payments on this loan?



Are there any mortgages/liens on this property?


If so, how much is the total face value of said liens?




For refi, when did borrower buy this property (month/year)?

For refi, how much did borrower originally pay for it?


For refi, how did the borrower buy/finance this property?


If refi, how much money has been invested into the property by the borrower since he/she purchased it? Is this amount verifiable using receipts or contractor agreements? What types of investments/renovations have been made, if any? Explain.


*Give an accurate and detailed description of the property(s):



*Please give an accurate and detailed plan for the use of loan proceeds (including existing mortgages, liens, and encumbrances):



*Exit Strategy (How will the borrower pay off this loan):



Misc. Comments (anything else you think we ought to know):





Thank you. We look forward to funding your loan!

 

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