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!):
Purchase Contract or Agreement of Sale
Scope of Work (Please use DLP Template)
Personal Guarantor Documents Needed for All Partners:
Personal Financial Statement
Track Record (please use DLP Template)
Real Estate Owned schedule
2yrs Personal (1040’s) & Business Tax Returns (1120’s, if available)
2 Months Personal & Business Bank Statements (all pages)
Sign borrower’s authorization
Photo ID
W9
Borrowing Entity Documents:
Operating agreement and/or By-Laws
Articles of Organizaiton
EIN Verification (filed SS4)
3rd Party Items and Reports:
Appraisal (DLP to Order)
Inspection (DLP to Order)
Title Contact Info & Title Commitment
Insurance (w/ appropriate Coverage):
Flood Cert & Survey (if applicable)