My Funding Mentor

The Credit Solutions You Need

LAND FUNDING

You were invited to our website to get Pre-Approved for our Land Program. Eclipse Funding LLC 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. Eclipse Funding LLC Land Program is a nationwide program.

Eclipse Funding LLC LAND PROGRAM IS AVAILABLE NATIONWIDE!

Guidelines: This program has standard guidelines.

View below:

  • Loan Amounts: $200K to $100M
  • Term: 6mos to 2yrs
  • Minimum FICO: None
  • Rate: 8% to 14%
  • LTV: Up to 70% Purchase Up to 50% Refi
  • Funding: As soon as 5 days

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Guidelines Single Property 1-4 Unit Retail
Guidelines Single Property 1-4 Unit Wholesale
Guidelines Multi Family 5 + Unit Retail
Guidelines Multi Family 5 + Unit Wholesale

Minimum Requirements:

  • Must be able to show proof of income
  • 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

Landlord Program – Checklist

  • Below, you’ll find the documents that are needed to receive a Conditional Quote.
  • Recent Years of Tax Returns (all pages)
  • Months of Recent Bank Statements (all pages)
  • Agreement of Sale (if purchase)
  • Articles of Incorporation, EIN & signed Operating Statement
  • CD Contact Form (Attached)
  • Disclosures (It will be emailed to you)
  • Driver’s license or State ID. (Must be color for verification purposes)
  • Guarantor Form (download from our website)
  • Lease Agreements (if any)
  • Payoff letter (if refinance)
  • Personal Financial Statement (Attached)
  • Property Management Questionnaire (Attached)
  • Rent Roll (Attached)
  • Social Security card
  • Track Record & REO Form (Attached)

Here are the steps moving forward

  1. Subject Property Address in Subject Line when sending back the documents.
  2. Budget of project, purchase price, or Loan Amount.
  3. After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
  4. Down Payment -Bank Statement or Statement for down payment if applicable.
  5. Check your credit scores here:/ send or upload a copy of the report and all scores.
  6. Please send me a copy of your credit report with scores and the attached documents.
  7. Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com

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