Get Tamco Capital Hard Money Loan Application

This guide provides a clear and comprehensive overview of how to complete the Tamco Capital Hard Money Loan Application online. By following the steps outlined below, users will be equipped to fill out the application accurately and efficiently.

Follow the steps to complete your loan application successfully.

1. Press the ‘Get Form’ button to access the application form and open it in your chosen editor.
2. Begin by entering the referral source, property name, and property address in the designated fields to provide initial details about the loan request.
3. In the 'Tell Us About Borrower' section, input the applicant’s name and home address. Be sure to include the city, state, and ZIP code.
4. Provide a contact person's details, including their phone number and fax number, if applicable. Select the type of ownership by choosing from the options: partnership, corporation, or other.
5. Indicate whether the described property is the sole asset of the borrowing entity by selecting 'Yes' or 'No'.
6. Report the applicant’s net worth and liquid assets in the specified fields to give an overview of financial standing.
7. Proceed to the 'What’s Your Loan Request?' section. Fill in the amount requested, the term requested (between 12 and 36 months), and the reason for financing.
8. Explain how the loan will be repaid and provide a detailed description of how the funds will be used, using additional pages if necessary.
9. In the 'Tell Us About Your Property' section, indicate the acquisition date, purchase cost, and the current as-is value of the property.
10. Detail any existing mortgages and provide information about the current first mortgage lender, interest rate, payment, loan maturity date, and amortization period.
11. Compile the additional items needed, such as the current tri-merge credit report, appraisal, photographs, purchase agreement if applicable, and any narrative required to support the loan request.
12. After completing the form, users can save their changes, download the application, print it, or share it via email, fax, or as a PDF file to the relevant contact provided in the document.

Start filling out your Tamco Capital Hard Money Loan Application online today!