Rodeo LendFAST Get quick responses for SFR & MFR Bridge/Fix & Flip Loans to $3,000,000 Rodeo Lending - Preliminary Application Loan Purpose and ProgramLoan Program * RequiredDSCRFix & FlipConstruction CompletionStabilized BridgeBridge to StabilizationGround Up ConstructionWreck and SpecPredevelopment/Land AcquisitionCommercial ConstructionTenant ImprovementOtherPlease choose the appropriate loan program for this request.Loan Purpose * RequiredRate/Term RefinanceCash-Out RefinancePurchaseDelayed PurchaseRefinance transactions are defined as properties acquired greater than six (6) months prior.Current Rodeo RepresentativeCurrent Rodeo Lending Contact * RequiredNoneMarc RabkinMatt SavalasJeff RosenRich KatzGregg BernsteinSarah EpsteinOtherPlease select your current Rodeo Lending Representative. If you are a new Client or Broker select "None."Borrower/Broker DetailsAre you a Broker or Direct Borrower? * RequiredDirect BorrowerBrokerBroker Name * Required First Last Broker Email * Required Broker Mobile Phone * RequiredBroker Fee Ask?What fee (%) are you hoping to charge your BorrowerBorrower/Guarantor Name * Required First Last Please enter primary Guarantor details. The primary Guarantor will always be the individual with the largest percentage ownership.Borrower/Guarantor Email * Required Borrower/Guarantor Mobile Phone * RequiredConsent * Required I agree By checking this box and clicking submit, I expressly agree to be contacted by telephone on my landline and/or cell phone or via email by Rodeo Lending irrespective of whether my telephone number appears on any state or federal “Do Not Call” list. I further agree that Rodeo Lending may use a computerized or automatic telephone dialing system or pre-recorded message to contact me via telephone or SMS/text. I understand that my consent to be contacted is not a requirement to purchase any goods or services and standard cellular rates may apply.Borrower/Guarantor DetailsPrimary Guarantor Estimated FICO ScoreCurrent Liquidity * RequiredPlease provide your current verifiable liquidity.Cash Out as Reserves? * Required No Yes Please indicate if you will utilize cash out proceeds to prove reserves. Citizenship * RequiredUS CitizenForeign NationalIf ANY Guarantor is a Foreign National, than please select "Foreign National"Mortgage History & Credit Events * Required No Yes Do you have any mortgage lates or credit events int he past four years? Type(s) of Mortgage History & Credit Events BK Ch. 7 in prior 4 years BK Ch. 11 in prior 4 years BK Ch. 13 in prior 4 years 30-Day Lates in Past 12 Months 60-Day Lates in Past 12 Months 90-Day Lates in Past 12 Months 30-Day Lates in Past 24 Months 60-Day Lates in Past 24 Months 90-Day Lates in Past 24 Months Please select any of the above credit events that have occurred. Prior Real Estate Investment Experience * Required Yes No Please indicate if you have any prior professional real estate investment experience.Type of Experience Select All Property rehab completed and sold Property rehab completed and retained as rental Property acquired as rental Ground up construction and sold Ground up construction and retained as rental Property rehab completed and sold as GC for 3rd party investor Please indicate each type of prior experience completed in the past five (5) years.Property Rehabs Completed and SoldProperty Rehabs Completed and Retained as RentalProperty(s) Acquired as RentalGround up Construction Projects SoldGround Up Construction Projects Completed and Retained as RentalProperty Rehabs Completed and Sold as GC for 3rd Party InvestorNumber of Additional Investment Properties Currently Owned * RequiredHow many investment properties other than the subject property do you own excluding personal residences.Property DetailsProperty Address * Required Address City State Zip Code Property Type * RequiredSingle Family Detached2-4 UnitCondoNon-Warrantable CondoTownhomeMulti-Family 5+Commercial - OfficeCommercial - MedicalCommercial - RetailSelf StorageAssisted Living / Skilled NursingCommercial - Hotel / MotelIndustrial - WarehouseIndustrial - Cold StorageIndustrial - Technology / ServerOtherWhat type of property is the loan inquiry for?Number of Units * RequiredHow many units does the property have? For None, enter "0". Property Currently Leased? * Required Leased Vacant A property other than a Single Family Residence is considered "Leased" if at least 50% of the units are currently rented. Vacation/Short Term Rental * Required No Yes Monthly In-place RentsMonthly total rents for all units.Monthly Market Rents * RequiredMonthly total rents for comparable properties in the surrounding area. Current GLA Square Footage / Gross Rentable Square Footage * RequiredPlease enter the current Gross Living Area square footage for a residential property or the Gross Rentable square footage for a commercial property. For None enter "0".Property Square Footage * RequiredPlease enter the total property square footage. If N/A enter "0".Annual Taxes * RequiredInclude all applicable taxes for the subject property. Annual Hazard Insurance * RequiredAnnual Flood Insurance (If required)Home Owner's Association? Yes Is the subject property part of a Home Owner's Association?Annual HOA FeesPlease enter the annual Home Owner's Association Fees. Purchase Price * RequiredPlease enter the anticipated purchase price. If you have a Purchase Agreement, please upload it at the bottom of this form.Expected Closing Date Month Day Year When is the expected closing date for this purchase?Property Acquisition Price * RequiredWhat did you pay for the property at acquisition?Date of Acquisition * Required Month Day Year When was the property first acquired?Estimated As-Is Value or Third-Party Valuation * RequiredA third-party valuation will be required to complete your loan request. You may also upload any appraisal reports at the bottom of this form.Additional Funds Spent to Date * RequiredAdditional funds spent on improvements, entitlements, plans, permits, etc. to date. For None, enter "0".Total Rehab Budget?Includes financed and out-of-pocket rehab expenses.After-Repair Value (ARV) * RequiredIf N/A enter as-is Valuation.Entitlement Status * RequiredNot RequiredRequired, not yet submittedRequired, submitted and pending approvalRequired, approved and awaiting permit pullRequired, approved with permits in hand (Shovel Ready)Required, currently mid-constructionWhat is the current status of any entitlements, plans or approvals required for this project? Planned Expansion * RequiredIncrease of less than 20% of current sq/ft or less than 750 sq/ftIncrease of up to 50% of current sq/ftGreater than 50% of current sq/ftExpansion (>20%/+750 sq.ft.) or Change of Use?Loan DetailsLoan Amount Requested * RequiredLoan Term Requested * RequiredPlease enter the requested Loan Term in months.Interest Reserve Required * Required Yes No Do you require an interest reserve as part of your loan request?Current Mortgage Balance * RequiredPlease indicate the total amount of mortgages currently on the property. If None, enter "0".Assignment Fees (If applicable)Please enter a number from 0 to 100.Project Outline / DescriptionPlease provide a brief outline or description of the project.Exit Strategy * RequiredTraditional LoanSale of PropertyRental LoanOtherHow do you plan to repay the loan at the end of the term?Supporting DocumentsMax. file size: 50 MB.Please upload any supporting documents for this request. (Appraisal, Guarantor PFS/REO, Executive Summary, Plans, Renderings, etc.) Δ
