Lending Application Requirements

Here at DLP Direct Lending Partners, we pride ourselves on speed and execution. Our goal is to close your loans as quickly as possible.
Documentation is a necessary part of any loan process, so below is a detailed list of all the documents that would eventually be needed in order to close your loan.

Property Documents (Needed prior to ordering an Appraisal!):

Z
Purchase Contract or Agreement of Sale
Z
Scope of Work (Please use DLP Template)

Personal Guarantor Documents Needed for All Partners:

Z
Personal Financial Statement
Z
Track Record (please use DLP Template)
Z
Real Estate Owned schedule
Z
2yrs Personal (1040’s) & Business Tax Returns (1120’s, if available)
Z
2 Months Personal & Business Bank Statements (all pages)
Z
Sign borrower’s authorization

Z
Photo ID
Z
W9

Borrowing Entity Documents:

Z
Operating agreement and/or By-Laws
Z
Articles of Organizaiton
Z
EIN Verification (filed SS4)

3rd Party Items and Reports:

Z
Appraisal (DLP to Order)
Z
Inspection (DLP to Order)
Z
Title Contact Info & Title Commitment
Z
Insurance (w/ appropriate Coverage):
Z
Flood Cert & Survey (if applicable)