Construction Loan Checklist

Before final approval on the loan, we'll order an appraisal of the home. For that, we'll need from you:

• Full set of construction plans and bids
• Description of Materials signed by Contractor and Applicant
• Signed contract between Contractor and Applicant
• Signed sworn construction statement
• Purchase Agreement for land or Warranty Deed if land is previously owned. If purchased in last year, verification of purchase price is required.
• Check for the cost of the appraisal

Once footings are in place:

• Order a plat sketch from the title company and they will supply it to North Shore Mortgage.