Thursday, January 26, 2012

Borrower's Information

Application Documentation

The following is a partial itemization of the documentation required for application approval.

- Investors home valuation assessment (your best guess as to the value of the home or property)
- local real estate agent's home valuation estimate
- local real estate agent's comparables
- interior & exterior photos of the property
- property description (address, sq footage, # of beds & baths, garage/carport if any, pool if any
- Contractor's estimate and description of repairs required, if any
- borrower's acknowledgement of available cash to pay all related expenses, taxes & liens
- itemization of all liens, back taxes and other expenses
- complete application.
- title insurance

Upon receipt of the above documentation, and if all data is acceptable to the Company, Johnson Capital Management will issue a tentative approval to the loan pending:

- receipt of any further data, information or documentation the Company may determine is necessary to satisfy loan requirements

Loan Fee

There is a 2% fee or $2,295 whichever is greater. This fee is not payable until the sale of the property to the endbuyer is complete.

BORROWER'S STEP BY STEP GUIDE

CONDITIONS AND FEES

LOAN APPLICATION

CONTACT US

Not Available Where Prohibited

Johnson Capital Management cannot provide funds in jurisdictions where such transactions are prohibited.

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