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Loan Purpose
The purpose of the loan request.
* Acquisition Loan Amount
The acquisition loan amount that you are requesting.
Rehab/Construction Involved
You will be performing rehab/construction on the property and plan on using loan proceeds for this work.
Rehab Loan Amount
The total estimated cost of the rehab/construction for the project.
* Total Loan Amount
The total loan amount that you are requesting (Acquisition + Rehab).
Requested Term
The number of months until the loan matures and is paid off.
What You Should Know
Loan pricing and approval process is dependent upon the level of experience of the borrower/guarantor. This information will be confirmed during the underwriting process, but this gives the ability to provide loan pricing on this intial information.”