Documents to be submitted

  • Completed application including track record of deals, or attach separate track record form (document provided)
  • Engagement Contract (signed and fully completed)
  • Articles of Incorporation (Corporation) or Articles of Organization (LLC) that has been stamped and filed with the applicable Secretary of State
  • Signed Operating Agreement for all associated entities (LLC's must show % ownership)
  • Developer’s biography showing real estate/flipping experience within the last 3 years
  • Property purchase contract (signed and dated by seller and buyer)
  • Renovation budget outlining all costs and draw schedule
  • Active general contractor’s or subcontractors license (if applicable)
  • General contractor’s insurance policy showing at least 1 million in general liability protection
  • Homeowner’s insurance policy and proof of payment or billing information.
  • Bank statement from previous month (all pages) and, if necessary, additional investment statements (i.e. investment accounts, 401ks, etc.) showing proof of funds (Down payment, origination fee and closing costs (title, escrow and insurance); 3 months of interest payments)
  • Complete W9 including entity EIN
  • Current driver’s license for all entity members
  • Borrower’s attorney information (if applicable)

Contact information :

To learn more about Sortis, Contact Us or Call Us at 1.844.4SORTIS (1.844.476.7847)

10220 SW Greenburg Rd. Suite 250

Portland OR 97223

Sortis Financial, Inc., NMLS ID 3761
For Additional Information, please visit: NMLS Consumer Acces