Loan Request Dashboard |
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1. |
Complete the Project Information below. |
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2. |
Go through the tabs in order. |
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3. |
The "Loan Request" should be submitted to the lender. |
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4. |
The "What-If" scenarios are for your use to test various alternatives. |
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COMPANY INFORMATION |
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Company Name: |
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Company Street Address: |
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Company City, ST ZIP: |
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Contact: |
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Phone: |
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Email: |
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PROJECT INFORMATION |
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Project Name: |
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Project Street Address: |
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Project City, ST ZIP: |
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Estimated time to build (in months): |
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Additional time to sale (in months): |
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Percent of Hard Costs to be borrowed: |
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Percent of Lot Costs to be borrowed: |
Sales Price Calculation |
"WHAT IF?" |
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Construction costs |
Construction costs |
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Project SF |
Project SF |
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Direct costs (from estimate) |
/SF |
Direct costs (from estimate) |
/SF |
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Lot Costs |
Lot Costs |
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Lot cost (at market) |
Lot cost (at market) |
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Interest paid on lot loan |
Interest paid on lot loan |
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Property Tax paid |
Property Tax paid |
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Total Lot Costs |
Total Lot Costs |
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Other Soft Costs |
Other Soft Costs |
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Design Costs - Architect |
Design Costs - Architect |
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Utilities projected for build period |
Utilities projected for build period |
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Property Tax for build period |
Property Tax for build period |
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Total Other Soft Costs |
Total Other Soft Costs |
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TOTAL PROJECT COSTS |
/SF |
TOTAL PROJECT COSTS |
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Marketing and Finance Expenses |
Marketing and Finance Expenses |
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Holding period interest expense |
Construction and Sales period interest expense |
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Total Marketing and Finance Expenses |
Total Marketing and Finance Expenses |
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Investor Return |
Investor Return |
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Desired profit margin on Lot % |
Desired profit margin on Lot % |
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Desired profit margin on Build % |
Desired profit margin on Build % |
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Total Investor Return |
Total Investor Return |
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Selling price of the Project (with no RE commission) |
Selling price of the Project (With No RE Commission) |
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Add Sales Costs % |
Add Sales Costs (RE Sales Commission %) |
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Selling price of the Project (with RE Commission) |
/SF |
Selling price of the Project (with RE Commission) |
/SF |
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Construction loan (with no interest expense) |
Construction loan (with no interest expense) |
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Pay-off existing Lot loan |
Pay-off existing Lot loan |
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Loan amount requested (including interest expense) |
/SF |
Loan amount requested (including interest expense) |
/SF |
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Loan to sales |
Loan to sales |
Interest Expense |
"WHAT-IF" |
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Minimum Loan Amount: |
Minimum Loan Amount: |
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Const Loan Interest Rate: |
Const Loan Interest Rate: |
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Pay off Lot Loan: |
Pay off Lot Loan: |
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Loan Points @ |
Loan Points @ |
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Available for build: |
Available for build: |
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Total % Drawn |
Total $ Drawn |
Monthly Interest |
$ to date |
Total % Drawn |
Total $ Drawn |
Monthly Interest |
$ to date |
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First Draw: |
First Draw: |
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Month 1 |
Month 1 |
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CONSTRUCTION LOAN REQUEST |
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Project ID: |
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Project Street: |
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Project City, ST ZIP: |
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Project Square Feet: |
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Construction Cost: |
/sf |
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Lot Cost: |
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Construction Carrying Cost: |
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Sales Cost: |
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Sales Price: |
/sf |
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Loan Amount Requested: |
/sf |
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Loan to Sales Price %: |