LoanSum requires the following:

  • An approved LoanSum account (complete the application). Check out our Privacy Policy.
  • Submitted online loan request (loan request forms available once account is established)
  • Sales contract signed by all parties
  • Lockbox or Access information
  • Itemized construction bid from your contractor (If necessary)
  • Completed Property Analysis Spreadsheet (available to download once account is established)
  • Account statements for all liquid assets for the last 3 months
  • If taking title to the property in a corporate name, corporate documents (Articles of Organization, Operating Agreement or Bylaws, Tax ID#, and Certificate of Good Standing).  All members, officers and their spouses, of a corporation must sign all documents at closing