Loan Document Requirements
| Required Documents | Full-Doc | Limited |
| Purchase & Sale Agreement
(if purchase transaction) |
X | X |
| 3 Property Photos | X | X |
| Last 3 Years Personal Tax Returns | X | |
| Last 3 Years Business Tax Returns | X | |
| Bank / Investment Statements | X | X |
| Personal Financial Statement
or |
X | X |
| Copy of ID | X | X |
| Credit Report
(ICS can run credit for you if your report is older than 60 days) |
X | X |
| Property Rent Roll (if income property) |
X | X |
| P&L For Property Last Year & YTD |
X | X |
| Schedule of Real Estate Owned | X | X |
| Sponsor / Borrower Resume | X | |
| Attorney Contact Information | TBD | TBD |
| NEW CONSTRUCTION & REHABS | ||
| Sponsor / Contractor Resume | X | X |
| Construction Scope of Work / Budget | X | X |
| Construction Plans | X | X |
| Proforma Operating Statement | X | X |