Basic questions you need to ask the client:
Is it a purchase or they already own the land?
Current Value of the land
Are they building to live in or build to sell?
Final Value after the construction is done.
Builder's Name and Info.
How much current mortgages are on the property (If there is any) - Need complete details about them
Are they looking for 1st Mortgage or 2nd Mortgage?
Signed and Accepted Contract of Purchase & Sale including all Addendum's.
Property Disclosure Statement
Listing Data Sheet, and
Title Search copy.
Copy of Completed Budget for detailed Cost-of-Construction.
Copy of completed Floor Plans.
A recent Mortgage Statement from within the last 30 days, indicating (a) client name (b) the account information (c) property address and (d) current balance.
Builder’s Resumé of Experience for most recent 3 projects completed, including Scope of Work and Property Addresses.
Copy of 2019 Municipal Property Tax Notice.