Borrower Checklist

🏠 Transaction Information

Closing / Settlement Date

Subject Property Address *

Type of Property

Single Family Residential Multi-Unit (2-4 Family) Multi-Unit (5+ Family) Commercial / Mixed-Use Vacant Land / New Construction Other

Nature of Transaction

👤 Borrower & Guarantor Information

Borrower #1

Full Legal Name *

Phone *

Email *

Mailing Address

Date of Birth

SSN (last 4 only)

Borrower #2 (if applicable)

Full Legal Name

Phone

Email

Mailing Address

Date of Birth

SSN (last 4 only)

💰 Financing & Source of Funds

Down Payment Source

Repairs / Construction Source

Third-Party Funder Name

Third-Party Funder Amount

📄 Required Documents Checklist

Check each item you have ready or will provide at closing.

Standard Transaction Documents

Executed REPC / PSA and all addenda (all parties) Short Sale / Bank Approval Letters (if applicable) Seller's Settlement Agent / Title Co. contact info

Entity Documents (if Borrower is an Entity)

LLC Operating Agreement Articles of Organization / Incorporation EIN / Tax ID Number confirmation Resolution for signatory to execute loan docs

Insurance Documents

Evidence of Hazard Insurance Policy (EOI) Hazard ins. paid for min. 6 months at closing

🛡 Insurance Requirements

Title Insurance: An ALTA Loan Title Policy is required for all transactions, issued through GT Title.

Hazard / Fire Insurance: Borrower must obtain a hazard/fire insurance policy naming:

The Borrower (or entity) as the insured owner
The Lender as mortgagee / loss payee

Mortgagee Clause:

Sierra-West Financial, LLC, Trustee, ISAOA, ATIMA
1873 W. Traverse Pkwy, Ste E. #453
Lehi, Utah 84043

I acknowledge these insurance requirements and will provide the required documentation.

🔨 Detailed Scope of Work & Remodel Timeline

Applicant Name

Co-Applicant

Property Address

Remodel Start Date

Est. End Date

Roof
Electrical
Plumbing
HVAC
Windows
Paint (Interior & Exterior)
Carpet / Flooring
Cabinets
Countertops
Fixtures / Appliances
Door Trim / Interior Doors
Garage
Landscaping
Meth / Remediation
Engineering / Plans
Permits
General Materials (Home Depot / Lowes / etc.)
Crew Labor
Waste / Demo / Hauling
Staging
Misc. / Other
Contingency (10%)
ESTIMATE TOTAL	$0

Project Notes

Borrower #1

Borrower #2 (if applicable)

Checklist Submitted!