| In general, the documentation you will need includes: |
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Credit Authorization for purchasing company and guarantor(s) |
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Signed application package |
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Check for application fee |
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Photo ID and proof of Social Security number |
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Property Information (if you already have a contract on a house) |
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Purchase Agreement. |
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Property appraisal: before and subject to |
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Signed construction draw schedule with all cost breakdown, builder plans and specifications |
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Copy of Survey |
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Copy of Zoning permits |
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Architectural / Engineering Plans |
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Signed construction draw scedule with all cost breakdown, builder plan and specifications |
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Income & Assets |
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Statements for each bank, mutual fund, and/or investment account for the last three months. |
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Estimated value of personal property and furniture. |
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If you receive Social Security: |
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List of additional collateral pledged |
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Property Information Debts |
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Names, addresses, account numbers, balances and monthly payments on all current loans. |
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Explanation of credit report anomalies, including: |
| |
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Purchasing Corporation |
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Certificate of Formation (Articles of Organization) filed with the State of New Jersey |
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Operating Agreement or Bylaws and all amendments |
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IRS Form W-9 for LLC |
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IRS Form W-9 |
