Is it possible to target next Tuesday to give us a buffer in case anything takes longer than expected?
Where will signing take place? Is a mobile notary an option?
Morgan
On Thu, Jul 10, 2025 at 10:42 AM Team Brosy <teambrosy@raincitycapital.com> wrote:
> Hello again > > > > Loan docs have been drawn and sent to escrow. I’ve attached them for your > review. > > > > Once escrow and our funding team balance, they’ll be reaching out to > schedule your signing. Targeting a close date for next *Wednesday*. > > > > When you do go in for signing be sure to have the following: > > > > · Be Prepared with your SSN and ID for completing a W9 form > > · Banking information > > · Need to make sure to complete the ACH form for your payment > > o ACH isn’t required for bridge loans, but we find it best to take one > thing off your plate > > o A lot of times this is missed with the final loan package > > > > If you have any questions, please let me know. > > > > Thank you, > > > > <www.raincitycapital.com/> > > > > *Josh Kindl* | Loan Officer Assistant > Rain City Capital > > www.raincitycapital.com > > > > > > > > > > *From: *Team Brosy <teambrosy@raincitycapital.com> > *Date: *Thursday, July 10, 2025 at 8:19 AM > *To: *morgan@morganiacolucci.com <morgan@morganiacolucci.com> > *Subject: *Underwriting Approved – 615877 – 611 Martin Luther King Jr > Way, Tacoma 98405 > <www.google.com/maps/search/611+Martin+Luther+King+Jr+Way,+Tacoma+98405?entry=gmail&source=g> > > Morning Morgan, > > > > Underwriting has approved your loan! Your loan is now with our funding > team, and they are working on drawing loan docs to send to escrow for > balancing. > > > > Terms Below: > > *Terms* > > Loan Parties: Morgan Iacolucci > > Property: 611 Martin Luther King Jr Way Tacoma, WA 98405 > <www.google.com/maps/search/611+Martin+Luther+King+Jr+Way+Tacoma,+WA+98405?entry=gmail&source=g> > > > > > Purchase Price: 325,000.00 > > Renovation Amount Financed: 225,004.00 > > Down Payment %: 10.00 > > Down Payment: 55,004.00 > > Note Amount: 495,000.00 > > Origination Fee %: 2.00 > > Origination Fee: 9,900.00 > > Processing Fee: 1,725.00 > > Interest Rate: 10.500 > > Full Draw Payment: 4,331.25 > > Term: 12 > > Funding Date: 7/16/2025 > > > > [image: Image removed by sender.] <www.raincitycapital.com/> > > > > *Josh Kindl* | Loan Officer Assistant > Rain City Capital > > www.raincitycapital.com > > >
Where will signing take place? Is a mobile notary an option?
Morgan
On Thu, Jul 10, 2025 at 10:42 AM Team Brosy <teambrosy@raincitycapital.com> wrote:
> Hello again > > > > Loan docs have been drawn and sent to escrow. I’ve attached them for your > review. > > > > Once escrow and our funding team balance, they’ll be reaching out to > schedule your signing. Targeting a close date for next *Wednesday*. > > > > When you do go in for signing be sure to have the following: > > > > · Be Prepared with your SSN and ID for completing a W9 form > > · Banking information > > · Need to make sure to complete the ACH form for your payment > > o ACH isn’t required for bridge loans, but we find it best to take one > thing off your plate > > o A lot of times this is missed with the final loan package > > > > If you have any questions, please let me know. > > > > Thank you, > > > > <www.raincitycapital.com/> > > > > *Josh Kindl* | Loan Officer Assistant > Rain City Capital > > www.raincitycapital.com > > > > > > > > > > *From: *Team Brosy <teambrosy@raincitycapital.com> > *Date: *Thursday, July 10, 2025 at 8:19 AM > *To: *morgan@morganiacolucci.com <morgan@morganiacolucci.com> > *Subject: *Underwriting Approved – 615877 – 611 Martin Luther King Jr > Way, Tacoma 98405 > <www.google.com/maps/search/611+Martin+Luther+King+Jr+Way,+Tacoma+98405?entry=gmail&source=g> > > Morning Morgan, > > > > Underwriting has approved your loan! Your loan is now with our funding > team, and they are working on drawing loan docs to send to escrow for > balancing. > > > > Terms Below: > > *Terms* > > Loan Parties: Morgan Iacolucci > > Property: 611 Martin Luther King Jr Way Tacoma, WA 98405 > <www.google.com/maps/search/611+Martin+Luther+King+Jr+Way+Tacoma,+WA+98405?entry=gmail&source=g> > > > > > Purchase Price: 325,000.00 > > Renovation Amount Financed: 225,004.00 > > Down Payment %: 10.00 > > Down Payment: 55,004.00 > > Note Amount: 495,000.00 > > Origination Fee %: 2.00 > > Origination Fee: 9,900.00 > > Processing Fee: 1,725.00 > > Interest Rate: 10.500 > > Full Draw Payment: 4,331.25 > > Term: 12 > > Funding Date: 7/16/2025 > > > > [image: Image removed by sender.] <www.raincitycapital.com/> > > > > *Josh Kindl* | Loan Officer Assistant > Rain City Capital > > www.raincitycapital.com > > >
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