Loan Application Requirements
At DLP Capital, 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. Below is a detailed list of all the documents that will be needed in order to close your loan.
PROPERTY DOCUMENTS
Needed Prior to Ordering an Appraisal
- Purchase Contract or Agreement of Sale
- Scope of Work (must use DLP template)
PERSONAL GUARANTOR DOCUMENTS
Needed for All Partners
- Personal Financial Statement
- Track Record (please use DLP template)
- 2 years personal and business tax returns: 1040s & 1120s
- 2 months personal and business bank statements: all pages
- Sign borrower’s authorization (single member)
- Sign borrower’s authorization (joint members)
- Photo ID
- W9
BORROWING ENTITY DOCUMENTS
Operating agreement/by-laws
- Articles of Organizaiton
- EIN Verification (filed SS4)
- ACH Authorization
3RD PARTY DOCUMENTS
- Appraisal (DLP Lending to order)
- Inspection (DLP Lending to order)
- Title Contact Info & Title Commitment
- Insurance with appropriate coverage
(see 1 to 4 Units, Multi-Family, or New Construction requirements) - Flood Cert & Survey (if applicable)
More Information
Please refer to this list of required information and forward these documents to us by either of the following methods as soon as possible: Send directly to processing@dlplending.com.
