Extension Application Form Email Address*Loan Number*Borrower Name*Property Address*Has this loan received one or more extensions?* Yes No Account InformationWhat is the current exit strategy? i.e. Listed to sell, construction delays, refinancing, under contract*What is the reasoning for the delay?*I will provide proof of up-to-date property insurance.* Agree Attach proof of insurance at the bottom of this form.I will provide up-to-date property tax information.* Agree Attach property tax information at the bottom of this form.Are you up to date on your monthly payments?* Yes No The extension fee is .5% of the loan amount up front or 1% of the loan amount at settlement (with a minimum of $500 up front or $1,000 at settlement). How do you wish to pay?* Upfront Settlement If the property is currently listed to sell, please fill out the following or skipPlease provide the link to the listing*Has there been any price reductions in the last 30 days?* Yes No If no, do you plan on reducing the sales price?* Yes No If you plan on reducing the price, what is the expected date this will take place?*If you are experiencing construction delays, please fill out the following or skipWhen is the expected completion date?* Date Format: MM slash DD slash YYYY When the project is complete, do you plan on refinancing or listing the property?*If you are refinancing, please fill out the followingPlease provide the lenders contact information*Have you applied to refinance as of today? If no, what is causing the delay?*When is the expected closing date?* Date Format: MM slash DD slash YYYY Attach Insurance and Tax Information.* Drop files here or Please attach updated Property Insurance Policy and Property Tax information in order to be eligible for an extension.
