Scope of Work / Budget

Required for Fix & Flip and Ground-Up Construction loan applications. Complete the itemized budget below — the more detail you give us, the more accurate your After Repair Valuation (ARV) will be. We'll email you back a finished Excel workbook, ready for the draw process.

Tip: Please be as detailed as possible in the Description of Work column — this budget is used throughout the draw process and by our appraisers to get the most accurate reading of the property. For example, if you're installing granite countertops, say so.

Project Information

Property Details

Pre-rehab and post-rehab figures, side by side.

Property DetailsPre RehabPost Rehab
Gross Living Area Above Ground (in sq ft)
Gross Living Area Below Ground (in sq ft)
# of Bedrooms
# of Bathrooms

Construction Budget

Complete a row for every line item that applies to this project. Labor, Material, and Misc. costs are totaled automatically.

Construction ItemDescription of WorkLabor CostMaterial CostMisc.
Demolition
Landscaping
Foundation / Structural
Countertops
Cabinets
Appliances
Carpet
Hardwood
Tile
Vinyl
HVAC
Electrical
Plumbing
Painting
Drywall
Trim
Fixtures
Doors
Bathroom(s)
Windows
Roofing
Cleanup
Miscellaneous

By submitting, you confirm the information provided is accurate. You'll receive a copy by requesting one from our team; the completed workbook is emailed directly to our underwriting team and is not stored on this website.