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Borrower Application Form (Click Here)
This 1 page form needs to be completed so Watershed can pull a credit report to determine whether you are an approved borrower. Mail or deliver the completed form to Watershed with your payment of $20. You will be notified within 24 hours whether you have been approved.

Loan Request Form (Click Here)
This 1 page form needs to be completed whenever you are requesting a loan. Fax the completed form to Watershed with your Earnest Money Contract signed by all parties. You normally will be notified within 24 hours whether you have received preliminary loan approval.

Loan Calculation Worksheet (Click Here)
This 1 page worksheet will give you an estimate of the amount you need to bring to closing, or how any excess loan funds can be applied.

Scope of Work Form (Click Here)
This 8 page form is for you and our inspector to determine what work will be done in rehabbing, remodeling, or updating the property to bring it to a good, marketable condition. The form is organized by the trades and specialty companies providing services to real estate investors. Accordingly, you can easily obtain and compare bids from general contractors as well as sub-contractors. We also encourage you to complete the form to the best of your ability before you make an offer on a property.

Cost of Work Form (Click Here)
This 5 page form contains estimated costs (materials, labor, and taxes) for most of the items in the “Scope of Work” form. The cost for many repairs is not included here because the extent of the needed repair will dictate the repair cost. By using the cost estimates shown on this form, you and our inspector will be able to determine the estimated costs for the scope of work to be done.