HardMoneyGirl
CALL US AT (888) 297-4440
WHY WORK WITH US.
HardMoneyGirl Brokers Protected
LOAN SUBMISSION CRITERIA
WE FUND LOANS!
· Flexible “make-sense” Underwriting
· Competitive Rates
· Fast Turn Around Times
· Generous Commissions
· Responsive account executives
· Strong operations team
· Turn your files into commissions - let our Private Money work for you and your clients
· We believe in teamwork and work with you to go from submission to funding
· We fund loans conventional lenders cannot
· Private Money is booming and your business can boom from it too
At HardMoneyGirl, we take care to provide our customers high quality services personalized for their unique needs. We are available to help you fund deals fast 24 hours a day, 7 days a week. Our staff members are professional, courteous and efficient.
Minimum Documents for Letter of Intent
1. Submission Form/Loan Summary – including loan details, debt servicing, and exit strategy
2. 1003 or Fannie Mae 3.2 File, or Personal Financial Statement
3. Recent Appraisal or Pictures
4. Recent Credit Report
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EMAIL SUBMISSION TO SCENARIO@FUNDMORTGAGECAPITAL.COM
Documents Required per Loan Submission
Residential Loan- Private Money SIVA
1. Submission Form
2. 1003 or Fannie Mae 3.2 or Per Fin. Stmt – Show all REO, Assets
3. Credit Report – Recent 90 Days
4. Financial Information(if applicable)*
5. Loan Summary with Detailed LOE for Cash Out & Exit Strategy
6. Investment Properties - Rent Roll or copy of lease(s)
7. Executed Purchase Contract for a Purchase
8. Appraisal or Pictures w/ MLS Sold Comps – No Listed Comps
Multi-Family Loans- Private Money SIVA
1. Submission Form
2. 1003 or Fannie Mae 3.2 or Per Fin. Stmt – Show all REO, Assets
3. Credit Report – Recent 90 Days
4. Financial Information(if applicable)*
5. Loan Summary with Detailed LOE for Cash Out & Exit Strategy
6. Rent Rolls 6 month trailing
7. Executed Purchase Contract for a Purchase
8. Appraisal or Pictures w/ MLS Sold Comps – No Listed Comps
9. YTD Balance Sheet Building and Personal with YTD P&L for 2 years
Commercial Loans- Private money SIVA
1. Submission Form
2. 1003 or Fannie Mae 3.2 or Per Fin. Stmt – Show all REO, Assets
3. Credit Report – Recent 90 Days
4. Financial Information(if applicable)*
5. Loan Summary with Detailed LOE for Cash Out & Exit Strategy
6. Rent Roll or copy of lease(s)
7. Executed Purchase Contract for a Purchase
8. Appraisal or Pictures w/ MLS Sold Comps – No Listed Comps
9. YTD Balance Sheet Building and Personal with YTD P&L for 2 years
Construction Loans- Private Money SIVA
1. Submission Form
2. 1003 or Fannie Mae 3.2 or Per Fin. Stmt – Show all REO, Assets
3. Credit Report – Recent 90 Days
4. Financial Information (if applicable)*
5. Loan Summary with Detailed LOE Exit Strategy
6. Development or Construction Costs Breakdown Sheet
7. Draw Schedule
8. Executed Purchase Contract for a Purchase
9. Contractor Resume
10. Appraisal or Pictures w/ MLS Sold Comps – FUTURE/COMPLETION APPRIASED VALUE
11. YTD Balance Sheet with YTD P&L for 1 year
Rehab Loans- Private Money
1. Submission Form
2. 1003 or Fannie Mae 3.2 or Per Fin. Stmt – Show all REO, Assets
3. Credit Report – Recent 90 Days
4. Financial Information (if applicable)*
5. Loan Summary with Detailed LOE for Cash Out & Exit Strategy
6. Investment Properties - Rent Roll or copy of lease(s)
7. Executed Purchase Contract for a Purchase
8. Appraisal or Pictures w/ MLS Sold Comps – No Listed Comps FUTURE APPRAISED VALUE
9. Rehab cost-breakdown
10. Rehab draw schedule.
