REQUIRED DOCUMENTS
PROPERTY
• Executed purchase sale agreement and any addenda
• Executed disclosures
• Scope of work (template available)
BORROWER
• Formation document
• If borrower is a Corporation, we require the Articles of Incorporation, stamped and fled with the state
• If the borrower is a Limited Liability Company, we require the Articles of Organization, stamped and fled with the state
• Schedule of real estate owned and past projects (template available)
• Executed Borrower Authorization
• Organizational Agreement:
• If the borrower is a corporation, we require the entity’s bylaws executed by all members of the entity
• If the borrower is an LLC, we require Operating Agreement, executed by all members of the entity
• If the state in which your entity is formed doesn’t require an organizational agreement, please execute the Borrower Authorization form