Normandy Consumer Builder Sold Construction Loan Form

Pre-Qualification for a Builder Sold Construction Loan
(585) 256-2600 Phone - (585) 256-2836 -Fax
SUBMISSION OF THIS FORM IS FOR PRE-QUALIFICATION PURPOSES ONLY AND NOT INTENDED TO BE USED AS A LOAN APPLICATION

Please complete the following:

Borrower Name Co Borrower Name
Daytime Phone Email Address
Address Address
City, State, Zip City, State Zip
Project Address
Contract Price of Home $
Loan Amount $
Lot Size Lot Purchase Price $
Date of Lot Purchase
Lot's Current Value (if applicable) $
Balance Owed on Lot $
Sq ft of Home to be Built Garage Yes No Basement: Yes No
Construction Type Property Type
Cost to Build (materials & labor only) $
Cash invested to date in cost to build $
Cash remaining to Invest in Property $
Source of Cash
Estimated Time to Build (months)
Building Permits Approved Yes No Construction Started Yes No
If "Yes" Percent Completed %
Deposit Amount from Buyer to Date $
Total Savings 401k, IRA's, Stocks, Etc $
What is Borrower's credit score?
What is Co-Borrower's credit score?
Borrower Monthly Salary $ Do you receive a W2 Yes No
Co-Borrower Monthly Salary $ Do you receive a W2 Yes No
Subject Property Address
Buyer is approved for mortgage financing? Yes No
Does the Builder have good credit? Yes No Don't Know
How many homes has the Builder built in the past three years?
Estimated Completed Value $ (for office use only LTV _________)
Comments