BLC External Loan Sizer

Property location

Enter the property address, future address, lot or location manually.

Property address or lot location

Type any existing or proposed address. The map will use exactly what you enter.

Enter a property address or location to display it on the map.

Enter a location above to update the map.

Transaction type

Select whether this is an acquisition or refinanceLoan program

Select the type of project you are financingExpected closing date

Used to calculate prepaid interest through month end

Loan term

Select the initial loan termInterest accrual

Choose how interest accrues

Property & project

Tell us the numbers behind the opportunity.

Purchase price

Construction budget

Current value

After repair value

Borrower profile

Recent residential investment experience and FICO determine the borrower tier and maximum leverage.

Residential investment projects completed

projects

Qualifying projects completed by all borrowers and guarantors within the last 3 yearsCredit score

Representative median FICO from a tri merge credit report

Credit strength · Fix and Flip · Tier 1Strong credit

700

700 FICO is in the highest credit bracket for Tier 1.

Liquid cash on hand

Cash and readily available funds

Liquidity strengthAwaiting loan amount

N/A

Liquidity can be evaluated once a loan amount is available.

Borrower tier: Tier 1 requires 3 or more qualifying Residential Investment Projects, Tier 2 requires 1 to 2, and Tier 3 applies when no projects were completed within the last 3 years. Qualifying experience may be combined across borrowers and guarantors. Minimum FICO requirements still apply.