The Loan Process
Step one: Fill out our Online Loan Application.
*If you can not fill it out online you may Download the application here, fill it out, and fax it to us at 404.814.1641
Step two: Application Review
Once we receive your completed application, we will review the application and call you to discuss.
Step three: Additional documents
After the Application review, the next step is for you to submit your purchase contract and renovation list. Then we will provide you with a Good Faith Estimate to review and approve.
Step four: Loan processing & underwriting
Once the Good Faith Estimate has been approved, we will then order an appraisal and title. Our construction manager will visit the property with the borrower to go over the bid sheet and construction that will be performed on the property.
Step five: Closing & funding
At this time we will set up the closing with our preferred attorney and send over the closing instructions / documents along with the wire to fund the transaction. The borrower is required to provide the necessary property insurance prior to closing.