Blue Light Financial
PO 7705
Charlotte, NC 28241
704-517-2557
Fax: 888-816-0725
Email: office@bluelightllc.biz
How much money do you need to borrow?___________________________
Describe the project:________________________________________________________________________________________________________
_________________________________________________________________________________________________________________________
For how long will you borrow the money?_____________________
What do you expect to pay for points and fees?______________________________________
How much personal cash will you be able to invest in this project?__________________________
How will you collateralize the loan?__________________________________________
What do you expect to happen if you are not able to pay the loan off in time?__________________________________________________________
_________________________________________________________________________________________________________________________
How soon after you decide will you need the money?____________________________________________________________
What do you plan to do with the project?________________________________________________________________________________________
Loan Analyzer
Name: __________________________________
Phone:_____________________________
CellPhone:____________________________________
Email:___________________________________
Applicant's Home Address:____________________________________________________________
City:____________________________________State:___________Zip:______________Years
in this business:_______________________________
What is borrower's credit score:___________Partner's:______________
What is financial need?______________________________________________________________________________________________
___________________________________________________________________________________________________________________________
What is the value of property based on recent comps?_________________________________________
What LTV requested___________________
How much money do you need?$__________________
How will you be involved financially______________________________________________________________________________________________
___________________________________________________________________________________________________________________________
Do you have assets or property that can be cross collateralized?__________________________________
Address:______________________________
__________________________________________________________________________
What is the nature of your project?______________________________________________________________________________________________
__________________________________________________________________________________________________________________________
What is the address?_________________________________________________________________________________________________________
When was it built?____________________
What size is this property?_________________________________
What is the lot size?________________
What is the condition?__________________________
How long have you owned it?______________________
Or, if buying, when do you plan to close on it?______________________________________________
What will it cost to repair?_____________________________________________________________
Use of property(zoning)?_______________________________________
What is owed on the title?______________________________
What is the title history?______________________________________________________________________________________________________
Is the title free and clear to sell?________Yes____________No
How many days on the market?______________________
What is your exit strategy?________________________
How much was the earnest money deposit?___________________
What is the name of title company?_______________________________________________________
Who is the loan officer?___________________________________________________________________
What is the back end plan?________________________________________________________
Can the borrower refinance it or do you have a buyer lined up?________________________________________________
How long might it take to sell?___________________________