Please make sure to complete all of the below fields to the best of your ability and provide as much detail as possible when prompted. Asterisked fields are required and the application cannot be submitted without completion of these fields.YOU CANNOT SAVE THIS APPLICATION ONCE YOU BEGIN; make sure you have all the required information on hand before completing. Please note any fields filled out improperly will have a message BELOW the field in error.
Private/Bridge Construction Loan Application
Loan name (example: Apple Valley Development)*
Who is submitting this application?*
—Please choose an option—BorrowerBrokerBorrower's Finance PlannerBorrower's CPAReferring LenderReferring RealtorOther
Submitter's full name*
Submitter's phone #*
Submitter's email*
Submitter's company name*
Is the borrower(s) a US citizen or permanent resident alien?* —Please choose an option—YesNo
Borrower's full name*
Co-borrower's full name [if applicable]
Borrower's E-mail*
Borrower's phone #*
Borrower's current residence address*
Transaction Type* —Please choose an option—RE Purchase with RehabLand Purchase with ConstructionRE Purchase Fix and FlipLand Cash Out Refinance with ConstructionRE Cash out Refinance with ConstructionCash Out Refi and RehabDevelopment
List other lenders this loan has been submitted to*
If this loan has been turned down by other lenders, please explain why?*
Is the borrower current on tax return filings?* Extensions for the current tax year are considered current. If the borrower is outside the extension period for any filings, that would not be considered current. —Please choose an option—yesno
Has the borrower filed bankruptcy within the last 2 years?* —Please choose an option—yesno
Has the borrower had a foreclosure or short-sale within the last 2 years?* —Please choose an option—yesno
Borrower's middle credit score* —Please choose an option—800+780-799760-779740-759720-739700-719680-699660-679640-659620-639600-619580-599560-579540-559520-539500-519<500
CO-Borrower's middle credit score —Please choose an option—800+780-799760-779740-759720-739700-719680-699660-679640-659620-639600-619580-599560-579540-559520-539500-519<500
Corporate name in which title will be held*
Corporate Entity Address as filed with the secretary of state*
Subject property street address*
Subject property town*
Subject property state (If not in the USA please select International)* —Please choose an option—InternationalAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareWashington DCFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennslyvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming
What is the property type to be constructed/developed?* —Please choose an option—Apartment BuildingInvestor Vacation Rental PropertyInvestor Multi FamilyCasinoResortMixed-UseOffice BuildingTownhomesCommercial BuildingRetail BuildingStrip CenterWarehouse BuildingInvestor ResidentialIndustrial BuildingMobile Home ParkMarinaCar WashMallChurchHotelMotelFranchise RestaurantAssisted LivingOther
Number of Units*
Current Percent occupancy if rehab
Present/Future Occupancy type* —Please choose an option—Investor50% Owner OccupancyNon Owner OccupancyPartial Owner OccupancyOther
What is the requested loan amount?*
Borrower's Cash down Available?*
Borrower's Yearly Income?*
"AS IS" property value (if property is currently just land please include just the lands value)*
After Repair/completion property value*
If a cash out refinance, what is the mortgage balance/s to be paid off?(enter 0 if NA)*
If a cash out refinance, how many years ago was the property purchased?* —Please choose an option—less then 1 year ago1 year ago2 years agomore then 2 years agoNot Applicable
Use of funds breakdown?* Please be specific in your description of the use of funds breakdown. Vague explanations such as "to purchase more property" will delay the processing of your application.
What is the total gross monthly property rent?* (enter 0 if no current rental income)
What is the total completed construction projected gross monthly property rent?*
How much are the annual property taxes?*
How much is the annual property insurance?* Include in this total any condominium fees and common area maintenance fees.
Is the Borrower Experienced in this type of construction/development?* —Please choose an option—yesno
If a purchase, have you signed a Purchase and sales agreement?* —Please choose an option—yesnoNA
What is your Exit Strategy? (multiple selections can be selected)* —Please choose an option—Pre-SalesSell the PropertyRefinanceHold and payoff the loanOther
Property Description (Please include the subject property/or properties legal Description)*
Brief Executive Summary of Your Deal
Schedule of Real Estate (Please include the subject property/or properties legal Description)*
(7mb Limit) Executive Summary Upload
(7mb Limit) Use of Funds Upload
(7mb Limit) Schedule of Real Estate Upload (please include value,payoff,purchase price)
How did you hear about JVC?*
By clicking "I Accept", I understand and agree that I am only applying for review of my potential deal and contact with JVC, and in no way is this a guarantee to lend by JVC. I Accept
By sending this form I agree to be contacted by JVC and its agents to discuss my application as well to receive new rates, soft quotes or to be notified regarding new finance programs available. You can opt out any time by replying to us with "No longer seeking finance". We are committed to keeping your e-mail address confidential. We do not sell, rent, or lease our contact data or lists to third parties
Have questions or need help filling out your online application? Call JVC for support at 401-269-9082.