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Land
LAND
FUNDING
You were invited to our website to get approved for our Land Program.
PhoneOps Land Program
is designed for:
Vacant Land
Marines
And More…
If you fall into one of the above, then our program is great for you.
PhoneOps Land Program
is a nationwide program.
PHONEOPS LAND PROGRAM IS AVAILABLE NATIONWIDE!
Guidelines:
This program has standard guidelines. View below:
Loan Amounts:
$1M to $50M
Term:
1yr to 5yrs
Minimum FICO:
None
LTV:
50%
Seller 2nd:
Allowed – 50%
Funding:
As soon as 10 days
Download the full Guidelines to better understand if your project is a good fit:
Minimum Requirements:
*
Must show proof of funds for fees & closing cost
*
Application Fee
$295 WAIVED
*
A Tri-Merge Credit Report fee of $57
*
A valid Driver’s License or State ID
*
Must have a Checking Account
*
A Social Security number
Land Loan – Online Application
First & Last Name:
Contact Number:
Email Address:
Full address including city, state, zip & county: (Where you currently live)
How long have you lived at this address?
Address Type:
Own
Rent
How much you pay per month in rent or mortgage?
Marital Status:
Married
Unmarried
Separated
Divorced
Date of Birth:
Social Security Number: (We must pull your credit)
Estimated Credit Score:
Upload Credit Report here: (if any)
Borrower Ethnicity:
Hispanic or Latino
Not Hispanic or Latino
Borrower Race:
List the names and ages of all dependents. (If none, put N/A)
Requested Loan Amount:
Enter the full address of the land including the City, State & Zip:
AS IS Value:
Transaction Type:
Purchase
Refinance (Rate & Term)
Refinance (Cash out)
Total Acres:
Total units:
Shovel Ready?
Currently Zoned As:
Investor Experience: How many land projects you've completed within the last 3yrs?
Is this a Refinance?
No, this is a purchase (Skip this page)
Yes, I will complete this page
Month and Year of purchase:
Original Purchase Price:
Current Mortgage Balance/Payoff:
Upload payoff here:
Monthly Mortgage Payment: (If Free & Clear, put Free & Clear)
Annual Taxes:
Annual Property Insurance:
Upload Appraisal Report here:
Is this a Purchase?
No, this is a refinance (Skip this page)
Yes, I will complete this page
Purchase Price:
Upload Sale's Contract here:
Do you have 50% to put down plus closing cost?
Not yet
Yes, I have 50% to put down plus closing cost
Yes, I have Seller 2nd and Down payment plus closing cost
Yes, Seller is providing the full 50% 2nd and I have funds for closing cost
Employment Status:
Employed - W2
Employed - 1099
Business Owner
Don't work
The next 10 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer or Business Name:
2. Full address including City, State & Zip:
3. Contact number:
4. Job Title:
5. Start Date:
6. Monthly Income:
7. If you own your own business, complete this page, if not, go to the next page: Enter the state of Incorporation your company is registered in:
8. Company's Website:
9. EIN:
10. List all Owners and percentage of ownership: (Must equals to 100%)
Is there a Co-Borrower?
No, there is no Co-Borrower
Yes, there is a Co-Borrower and he/she will complete their application next
Yes, I am the Co-Borrower & this is my application
If so, put their full name here or put N/A: (If you are the Co-Borrower, put the Borrower's full name here)
Is your project ready to Move Forward Immediately?
No
Yes
Has your project been Turned Down Before?
No
Yes
If yes, reason for Turn Down?
Schedule of "Use of Funds": (Provide a FULL Scenario on what you are in need of doing, how much it will cost, etc)
Exit Strategy: (In detail & at least 4 paragraphs)
There will be a one-time Tri-Merge Credit Report fee of $57 per borrower & you’ll be re-directed to the site pay after completion of this application. PhoneOps has to pull your credit to see what you qualify for. Do you understand?
No, Disregard my Application
Yes, I will pay $57 after completing this application
NOTE: If your credit is lock, you must unlock your credit from all 3 Credit Bureaus after you pay your invoice & keep it unlocked until we pull your credit to avoid paying another Invoice Fee of $57 per person. Do you understand?
No, Disregard my Application
Yes, all 3 Credit Scores are Unlocked. PhoneOps may pull my Credit
This completes the Application. Please Rate your opinion:
1-Too long
2-It was fine. Not too long
3-Anxious in getting approved
4-Excited, Lets get the 3-Step Process complete!
Enter the name of the person that sent you to this site to place your file as "Priority".
Checking this box means you agree to our terms which are: 1: You willingly applied online to one of PhoneOps mortgage loan programs and will complete the 3-Step Process for potential loan approval. 2: You agree that PhoneOps must pull your credit. 3. You agree that your credit is unlocked. 4. You agree that the one-time Tri-Merge Credit Report fee of $57 is NON REFUNDABLE.
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