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Documentation Requirement
  • Please fill out and sign the attached 1003 application

  • Copy of Driver License and Passport

    • For the non-US citizen, please provide a green card.

    • Foreign nationals please provide a travel visa.


  • Provide leases

    • Provide 1 Month Rent Proof with Bank Statement, Cancel Check, or Payment App (no print screen)​


  • Please sign off on credit authorization (no credit will be run)

    • Please disclose the borrower's credit condition such as credit score.


  • For two of the past five years, do you own any other investment property? 

    • Is the subject property under management by a Property Management Company

    • If self-manage, can you provide 24-month deposit prove with cancel check or bank statement, or Schedule E

      • Please note, it does not impact our ability to lend. There is a Loan to Value adjustment.

  • If this is a purchase, please provide a purchase contract

  • If this is a refinancing, please provide the most recent bank statement

    • Will need a payoff letter at the time of closing.

  • If the property is part of the HOA association

    • Confirm the number of units sold, % of ownership

    • Require HOA by-law

    • Please provide the most recent HOA statement

After the information received, Essencap will provide a term sheet disclosing rate, term, and other loan conditions.  

1003 Application

(click on the icon to download)

Credit Authorization Form

(click on the icon to download)