FixNFlip | Bridge Application

Please fill out the application below in its entirety. Your changes will not be saved until the application is submitted.

Property Information

Is this application for a single property or a portfolio of properties?

Single Property
Portfolio

Select Property Type*

Single Family
Townhome
2-4 Unit
Condo

Street Address*

Unit Number

City*

State*

Zip*

Requested Loan Information

Loan Purpose*

Target Close Date*

Loan Program*

Exit Strategy*

How long do you anticipate it taking from loan close, to selling/refinancing the property?*

Purchase Price (the original purchase price for refinances)*

Current As-Is Market Value*

Total Rehab Budget Remaining*

Total Verifiable Rehab Already Completed to Date*

Estimated After Repair Value*

Requested Loan Amount*

Property Access Contact Information

Property Access Contact Name

Property Access Contact Email

Property Access Contact Phone

Title Contact Information

Title Company Name

Title Contact Name

Title Contact Email

Title Contact Phone

Insurance Contact Information

Insurance Company Name

Insurance Contact Name

Insurance Contact Email

Insurance Contact Phone

HOA Contact Information (If Applicable)

HOA Company Name

HOA Contact Name

HOA Contact Email

HOA Contact Phone

Submit Application

My transmission of this application as an “electronic record” containing my “electronic signature,” as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this application were delivered containing my original written signature.

Completion and/or submission of this Application is not to be considered a loan commitment from the Lender or the Lender’s broker for the Loan.

First and Last Name of Primary Guarantor*

Date*

In addition, you consent to the terms and conditions outlined .

I/We Agree*

Terms & Conditions

This loan application (this “Application”) is designed to be completed by the authorized signatory(s) on behalf of the borrower entity (“Borrower”). Borrower is an applicant for the loan requested from the lender (“Lender”) pursuant to this Application (the “Loan”). Completion and/or submission of this Application is not to be considered a loan commitment from the Lender or the Lender’s broker for the Loan.

Borrower hereby warrants and represents to Lender and Lender’s actual or potential agents, brokers, processors, attorneys, insurers, servicers, successors and assigns (collectively “Representatives”) that (i) it wishes to continue with this Application, (ii) the Loan is for business and commercial purposes and not personal, family or household or other noncommercial or farming or agricultural purposes, (iii) the Loan proceeds are intended to be used for business and commercial purposes only and not for personal, family or household or other noncommercial or farming or agricultural purposes, (iv) the property(s) securing the Loan is not currently occupied by or planned to be occupied by any of Borrower’s members or such members’ family members as a primary residence or vacation home and none of Borrower’s members or such members’ family members shall occupy or reside in the property(s) securing the Loan during the term of the Loan, (v) the Loan will be secured by a mortgage or deed of trust on the property(s) described in this Application; (vi) the information provided in this Application is true and correct as of the date hereof and any intentional or negligent misrepresentation of this information contained in this Application may result in civil or criminal liability to any person who may suffer any loss due to reliance upon any misrepresentation made on this Application; (vii) the property(s) securing the Loan will not be used for any illegal or prohibited purpose or use, (viii) all statements made in this Application are made for the purpose of obtaining a commercial and business purpose loan; (ix) the Lender and its Representatives may retain the original and/or an electronic record of this Application, whether or not the Loan is approved; (x) the Lender and its Representatives may continuously rely on the information contained in this Application, and Borrower is obligated to amend and/or supplement the information provided in this application if any of the material facts that Borrower has represented herein should change prior to closing of the Loan; (xi) in the event that any payments on the Loan become delinquent, the Lender, its servicers, successors or assigns may, in addition to any other rights and remedies that it may have relating to such delinquency, report Borrower’s name and account information to one or more consumer reporting agencies; (xii) ownership of the Loan and/or administration of the Loan account may be transferred with such notice as may be required by law; and (xiii) neither Lender nor its agents, brokers, insurers, servicers, successors or assigns has made any representation or warranty, express or implied, to Borrower regarding the property(s) or the condition or value of the property(s).

Acknowledgement. The undersigned hereby acknowledges that any owner of the Loan, its servicers, successors and assigns, may verify or reverify any information contained in this Application or obtain any information or data relating to the Loan, for any legitimate business purpose through any source, including a consumer reporting agency chosen by Lender. In addition, each of the undersigned represents to Lender that he/she is authorized to sign this Application on behalf of Borrower.

My transmission of this Application as an "electronic record" containing my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or my facsimile transmission of this Application containing a facsimile of my signature, shall be as effective, enforceable and valid as if a paper version of this Application were delivered containing my original written signature.

Will rehab draws be requested?* Yes No	Are permits required for your project?* Yes No Do you have the permits yet?*
Will the property type be changing (i.e. from a SFR to a 2-unit, etc.)* Yes No	Does the property require any zoning changes to complete your project?* Yes No
Do you intend to subdivide the property or request partial releases?* Yes No	Is there an existing mortgage on the property?* Yes No Who is the mortgage company?* Estimated outstanding balance*
Are there any other existing liens on the property?* Yes No Who are the lien holders?* Estimated outstanding balance*	Is the home already under contract?* Yes No What is the contract amount?*
Are you relocating or adding any mechanicals? (HVAC, electrical, or plumbing. Permits will be required where applicable.)* Yes No	Do you intend to remove two or more load-bearing walls?* Yes No
Are you adding livable square footage to the existing structure? (e.g. finishing a basement or attic)* Yes No	Are you expanding the building envelope to add livable space? (e.g. an addition to the property, an ADU, etc.)* Yes No