Property & ownership information
Property address, ownership details, purchase agreement if applicable, existing mortgages and other charges. A lender may request valuations, title information or additional property reports.
Plans, drawings & project scope
Available architectural drawings, specifications and a clear description of the proposed work. Identify whether the project is a new build, teardown, addition, renovation or development, and the stage of planning.
Permits & approval status
Available building permits and information about approvals obtained or still outstanding. Confirm legal, zoning and permitting requirements with your lawyer, design team and municipal authorities. A lender may require particular approvals before funding.
Cost estimates & project budget
A project budget, available contractor estimates and a breakdown of anticipated costs. Explain which costs are estimates and how you plan to manage changes or overruns. Qualified contractors and cost professionals should advise on the actual construction budget.
Builder & contractor information
Names and contact details of the construction team, available contracts, relevant experience and any registration, warranty or insurance information the lender requests. Requirements differ between professional builds and owner managed projects.
Timing & closing dates
Proposed start and completion timing, current project stage and any important funding deadlines. For a sale to purchase bridge, a lender may request signed purchase and sale agreements, evidence of sale conditions and both closing dates.
Exit strategy & repayment plan
Explain how the financing is expected to be repaid, such as a completed property sale or a permanent mortgage, and what supports that plan. A future sale price or refinance is not guaranteed. Identify any dependencies or outstanding approvals.
Borrower & financial information
A lender may ask for identification, income documentation, a picture of assets and liabilities, and information about funds available for the project. Business or development projects may require corporate and financial records. Sensitive documents should only be shared through an agreed secure process.
Bring what you have. Identify what’s missing.
The initial conversation can help distinguish information needed now from what may be required later. Plans, budgets and approvals should be prepared or confirmed by the appropriate professionals. Gathering documents does not establish financing eligibility or lender approval.