Drexel Brothers Construction Application

1. Who is the Legal Borrowing Entity:

2. Subject Property Address:

3. Ex: Property Number, Street Address, City State / Province / Region Postal / Zip Code

Country”

4. Type of Construction; Ex. Ground Up, Rehab or Capital improvements greater than 300K, Fall-

out (sitting idle), Land Development (prepping for construction):

5. Property type when completed:

6. Total Hard Costs * $ Dollars & Cents:

7. Total Soft Costs * $ Dollars & Cents:

8. Current Value $ Dollars & Cents:

9. Completed Projected Value $ Dollars & Cents:

10. Loan Amount $ Dollars & Cents:

11. Borrower and builder are at "arms length" Ex. Yes No Only Special Occasions:

12. Have building permits been applied for:

13. If so, what date was the application submitted to approving authority:

14. What environmental reports or tests have been completed:

15. Narrative:

This is a good place to paste an executive summary:

16. (If purchase) Down Payment Percentage:

17. Monthly Income of borrower or Legal Borrowing Entity $ Dollars & Cents:

18. Mid Fico Score of borrower or Legal Borrowing Entity: