SECTION 8

Ground Up Construction (GUC) Purchase of Land

Agent:—

Referred By:—

Loan Type:—

Date:1/23/2026

BORROWER INFO:

Borrower Name

Home Address

Phone

What is the Borrower's Self-Declared FICO Score?

Do the guarantors have a 12-mo mortgage history that will show up on his/her credit report? Has to be in the last 4 years. No mortgage lates.

PROPERTY INFO:

Subject Property Address

Number of units

Purchase Price

Is there a wholesaler? If so, how much is the wholesale fee?

Is there currently a structure on the lot?

If so, will this be a tear down?

If so, How much is the land value only? (That is the value we use for calculations.)

Construction Budget Amount (Need it on our mandatory form)

ARV

Do you have Architectural plans (all schedules) and include Site/elevation plan

How long will it take you to complete the build?

Do you have a survey from the seller? (We will have title order one if you don't have one)

Anything else we should know about this transaction?

ENTITY INFO:

Members of LLC/Company

How much ownership does the Sr. Member own

SREO / TRACK RECORD:

How many past similar vested projects do you have in the last 3 years where you signed the HUD's:

(Complete our track record SREO mandatory form)

(Get signed HUD's and Operating Agreements for each property on the SREO)

What is the most important thing to you with this loan request? (Example, closing quickly, down payment, etc.)

ADDITIONAL NOTES: