Property and request
Exact address when identified, property type, current condition, purchase or refinance, requested loan amount, target close date, and current lender feedback.
For business-purpose ground-up, vertical-construction, renovation, and selected mid-construction transactions.
Construction Loan Submission Checklist.
A lender-ready file makes the economics easy to test and shows exactly whose experience supports the request. Start with the numbers. Then connect the property, entity, construction team, borrower, and exit records to those numbers.
The fastest file is not the file with the most pages.
It is the file where the basis, construction budget, completed value, requested loan, cash or land equity, and exit agree with one another.
If you do not have a property yet, Sponsor Network can still begin with your city and state. A lender cannot complete property underwriting until the exact address and transaction are identified.
FIRST PASS
Seven sections make the transaction reviewable.
Not every lender asks for the same documents in the same order. This is the practical starting file Sponsor Network uses to identify fit and missing requirements.
Project economics
Purchase price or land basis, existing debt, hard and soft construction costs, contingency, as-is value, completed value, cash invested, and remaining cash contribution.
Plans and construction file
Scope of work, plans or a clear description of the build, line-item budget, schedule, permits and approvals available today, plus work already completed on a mid-construction project.
Borrowing entity
Articles of organization, operating agreement, EIN confirmation, ownership percentages, authorized signer, and good-standing information when requested.
Borrower strength
Credit range, liquidity, net worth, cash contribution, real estate schedule, and proposed guarantors. Provide sensitive financial records only through the lender's secure process.
Experience and team
Owned projects completed through sale or refinance, the role held in each transaction, selected GC, license, insurance, comparable work, current capacity, and supporting records.
Exit and repayment
Planned sale, refinance, or rental stabilization; expected timing; support for the completed value or rent; and the conditions that must be met before the exit lender can close.
THE NUMBERS PAGE
Put these figures in one place before sending documents.
- Purchase price or verified land basis
- Current payoff or existing debt
- Total construction budget and contingency
- As-is and completed value assumptions
- Requested loan amount and cash contribution
- Expected sale price, refinance amount, or stabilized rent
- Target closing and project-completion dates
A lender should be able to reconcile the request without searching through separate emails. If one figure changed, update the summary and the supporting budget together.
ENTITY READINESS
Sponsor Network referrals are for non-personal real estate financing.
If the transaction moves forward, the loan must close in an eligible LLC. Prepare the core entity documents early so they do not delay closing.
Articles of organization
The state filing that created the borrowing entity and identifies its legal name.
Operating agreement
The current agreement showing ownership, control, management, and signing authority.
EIN confirmation
The IRS-issued employer identification record that matches the borrowing entity.
Ownership changes
If an accepted sponsor or principal joins the entity, document the revised ownership and authority before lender review and closing.
Do not upload tax returns, bank statements, identification, account numbers, or other sensitive records to Sponsor Network. Send them through the lender's approved secure process after the transaction is assigned.
EXPERIENCE EVIDENCE
Show who built the project and who owned the debt.
GC construction experience can document the team's ability to execute the work. Owner-level exit experience can document that a principal or affiliated entity owned, financed, and completed the capital cycle through sale or refinance.
Label each project with the address or market, project type, completion date, role, borrowing or ownership entity, loan outcome, and evidence available. Do not present a contractor's client work as an owned exit.
QUALITY CONTROL
Resolve these questions before lender review.
Does the basis match the closing facts?
Explain land ownership, purchase price, prior cash invested, liens, and any basis that is not visible in the pending transaction.
Does the budget cover the complete scope?
Include site work, vertical construction, utilities, permits, professional fees, general conditions, interest carry, and contingency where applicable.
Is the completed value supportable?
Make sure the proposed product, size, finish, market, and exit align with the value assumption. The appraisal can still limit proceeds.
Is the experience assigned correctly?
Distinguish borrower, owner, sponsor, guarantor, and GC records. Identify the entity connection and exit evidence for each owned project.
Can the borrower fund the gap?
Test required cash, closing costs, reserves, overruns, and timing. Higher leverage does not remove the need for a viable capital plan.
Is the exit ready for scrutiny?
A sale or refinance plan must remain credible if construction takes longer, costs rise, value is lower, or the rental property needs more time to stabilize.
DO NOT SEND FIRST
Protect sensitive information until the path and recipient are clear.
The initial Sponsor Network review does not require Social Security numbers, account numbers, login credentials, unredacted identification, full tax returns, or bank statements.
Start with contact information, property or market, project economics, requested loan, experience summary, and the problem you are trying to solve. After a lender accepts the referral, use that lender's secure collection process for sensitive underwriting documents.
NEXT STEP
Start with the location and the transaction summary.
You do not need to upload the complete file to request a Sponsor Network review.
Start a quick reviewAlready have lender feedback? Identify the likely qualification gap.