CONSTRUCTION LOAN PACKAGE CHECKLIST 907) 745-9165

CONSTRUCTION LOAN PACKAGE CHECKLIST

The following items will be needed by the credit union to begin the construction loan approval process:

FINANCIAL INFORMATION: Notices and DisclosuresIndividual(s) Taxpayer Consent to the Use of Tax Return InformationAuthorization to obtain credit information Loan Application (Financial Application)Pay stubs for the previous 30 day period Prior two year’s tax returns {With W-2’s}Last two months account statements {Checking, savings, stock & bond}Pre-qualification letter {For long term financing}

Self employed borrows with {Corporations, partnerships, LLC's, LLP's}

Business returns for the previous two yearsCurrent balance sheet and profit and loss statement Copy of valid photo identification

DISCLOSURE AND AUTHORIZATION: Consumer construction loan notice Notices and Disclosures for In-house Real Estate Loans

CONSTRUCTION INFORMATION:

Estimate of construction costs {With supporting bids}

Plot plan

Materials description form

Blueprints / plans {Two sets}

Owner builder resume’ {If managing the project}

Copy of contractor’s license and business license and residential endorsement {If not managing the project}

List of sub-contractors and suppliers

Construction time line

Earnest money agreement on lot {If applicable}

Proposed energy rating {Heat loss analysis}

Soils and percolation test {If applicable}

Zoning classification, architectural and CCR requirements

Well log and septic permit {With health authority approval}

Utility services {Available at the site}

Appraisal {“As proposed” credit union will order}

Proof of insurance {Hazard w/ course of construction or builders risk endorsement} Prior to closing

Other: _________________________________________

REAL ESTATE & COMMERCIAL LENDING

501 N Main St., Ste 120 Wasilla, Alaska 99654

907) 745-9165

COURSE OF CONSTRUCTION AND LONG TERM LOAN ITEMS NEEDED

The following items will be needed during the course of the construction loan and shortly after the construction is completed to provide the long term financing for the project:

DURING THE CONSTRUCTION LOAN PROCESS: • Disbursement request forms {To pay for sub-contractors and suppliers}• Invoices {Save all invoices, may need to produce them during or after the construction loan}• Lien waivers {If applicable}• Credit union construction inspections {The credit union will make regular on site inspections

prior to construction disbursements} • Building inspections {Municipal inspections or ICC inspections will be required for the project}

The areas to be inspected are:~ Plans and specifications ~ Footings and foundation ~ Rough in framing, plumbing, and electrical ~ Insulation and vapor barrier ~ Conditional ~ Final

PRIOR TO LONG TERM LOAN CLOSING:

• Notice of completion {Filed 15 days prior to long term loan closing}• As-built survey• Final appraisal {Photos, recertification of value, completion of misc. work}• Final municipal or ICC inspection form {PUR 102}• Final thermal / energy certification {PUR 101}• Lien waivers {If applicable}• Homeowners insurance binder / policy {Mortgagee clause}• Any investor {Long term loan} special conditions satisfied• Escrow for completion {Seasonal related items due to weather, no health and safety issues

allowed}

ADVISORY NOTE:

This loan package has been assembled to assist you in understanding the complexity of an interim construction loan and to make it as easy as possible for you to gather the required documentation and knowledge to engage in this endeavor. Please be aware that the biggest pitfall in the interim construction process is the underestimating of both the costs and time involved to complete the project. Uncontrollable events and untimely delays will probably impact your project at some point. Having the adequate contingency built into the process for both cost and time overruns will be of paramount importance. You will also be required to have a sizable investment in the project in the form of either cash or land equity. In addition, you will need to show proof of sufficient assets {preferably in cash reserves} to cover potential cost overruns as well as long term closing costs with reserves for taxes and insurance.

If you are uncomfortable with the scope of the project and its requirements, or you are unable to show your capacity to manage this type of endeavor, then it is suggested that you engage a general contractor to assist with your homes’ construction. You will still be able to control the purse strings with the credit union, but the contractor will assist you with all of the other aspects of the project. Please feel free to ask as many questions as needed from our credit union staff to help clarify any points of concern or confusion. We hope to make this complicated process as easy and understandable as possible for our members.



907) 745-9165

Name: Date of Birth:

Date of Birth

Mailing Address:

Physical Address:

Name:

AUTHORIZATION TO OBTAIN CREDIT and/or PAYOFF INFORMATION I hereby grant permission to MATANUSKA VALLEY FEDERAL CREDIT UNION (MVFCU) to obtain any and all

information deemed necessary to process my real estate or mortgage loan application. This information includes, but is not limited to, my present and past employment status, my deposit accounts, my present and past consumer credit record, my mortgage and/or rent payment records, and payoff information on any of my existing loans.

I also authorize my creditors and employers to release to any credit bureau and/or to any employee or representative of the MATANUSKA VALLEY FEDERAL CREDIT UNION telephonically, as well as in writing, any information they may require, including data on my current and previous credit history, employment and income, and payoff information. My authorization to release payoff information (including but not limited to the principal balance, interest owed, per diem, and additional charges due upon payoff) extends to any title company. I/we authorize a fax fee and/or other charges as necessary to produce a requested payoff statement.

I also grant permission to accept a photographic copy of this form containing my signature to obtain or provide any information regarding the items mentioned above.

__________________________________________________________________________________________________ Borrower’s Signature Social Security Number Date

__________________________________________________________________________________________________ Co-Borrower’s Signature Social Security Number Date

EQUAL CREDIT OPPORTUNITY ACT: The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (with certain limited exceptions); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning MVFCU is the:

NATIONAL CREDIT UNION ADMINISTRATION (NCUA) Office of Examination and Insurance

Alexandria, VA. 22314-3428



907) 745-9165

This Credit Union is federally insured by the National Credit Union Administration. NMLS #418470

MVFCU NOTICES AND DISCLOSURES for MVFCU In-House Real Estate Loans

Thank you for applying for a Real Estate loan with Matanuska Valley Federal Credit Union (MVFCU). The following Notices and Disclosures are provided to help you better understand the law and the practices we follow.

NOTICE REQUIRED UNDER EQUAL CREDIT OPPORTUNITY ACT The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (with certain limited exceptions); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning MVFCU is: National Credit Union Administration (NCUA) Office of Examination and Insurance Alexandria, VA. 22314-3428.

FAIR LENDING NOTICE It is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of: (1) Trends, characteristics of conditions in the neighborhood or geographical area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such a consideration is required to avoid an unsafe and unsound business practice; or (2) Race, color, religion, sex, marital status, national origin or ancestry. It is illegal to consider the racial, ethnic, religions or national origin composition of a neighborhood or geographical area surrounding a housing accommodation or whether or not, under what terms and conditions to provide financial assistance. These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation or refinancing of one to four unit family residences occupied by the owner/borrower. If you have any questions about your rights or you wish to file a complaint, contact the General Manager of MVFCU or: National Credit Union Administration (NCUA) Office of Examination and Insurance Alexandria, VA. 22314-3428.

NOTICE REGARDING THE FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003 (FACT ACT)

In accordance with the Fair and Accurate Credit Transactions Act of 2003 (FACT Act) we are advising you that we may report information about your loan account to consumer reporting agencies or credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

Initials: _________ __________

Page 1 of 3

CREDIT SCORE NOTICE In connection with your application for a home loan or real estate loan and in compliance with the Fair and Accurate Credit Transactions Act of 2003 (FACT Act), Matanuska Valley Federal Credit Union (MVFCU) must disclose to you the credit score that a consumer credit agency has distributed to MVFCU and that MVFCU used in connection with your loan application, as well as the key factors affecting your credit score(s). The Disclosure of Credit Score Information will be provided to you once we obtain your credit report.

One or more of the following consumer reporting agencies will provide the credit score: Experian (XPN) Trans Union (TUC) Equifax (EFX) PO Box 2002 PO Box 1000 PO Box 740241 Allen, Tx. 75013 Chester, PA. 19022 Atlanta, GA. 30374 1-(888) 397-3742 1-(800) 916-8800 1-(800) 685-1111

EMPLOYMENT AND FINANCIAL STATUS CERTIFICATION A loan approval is based upon employment, income, obligations and collateral as shown on the loan application and supporting documentation. You are required to advise us immediately should anything regarding your income, credit, debts and obligations, and condition of your property or property title change prior to the closing and recording of your loan. If you close your loan without reporting such changes your loan could be considered in default.

NOTICE REGARDING FEES & CHARGES INCURRED DURING PROCESSING OF YOUR LOAN APPLICATION

Any fees paid at application or during the processing of your loan will be non-refundable unless the fee was for a specific report or service that had not yet been ordered or performed. During the processing of your loan application MVFCU will order a preliminary title search report. The fee charged by all title insurance companies for this title search is $250. We may also order a flood hazard determination that involves a charge of $15. If you fail to close your loan request with us in a timely manner after the title report and/or flood hazard determination have been obtained you will be required to pay the incurred charges.

BORROWERS CHOICE OF HAZARD INSURANCE PROVIDER You have the right to choose the carrier of the required hazard insurance, subject to approval by MVFCU. MVFCU has the right to designate reasonable financial requirements and adequacy of coverage. All required insurance must be in effect at closing. Your closing may be delayed if you have not advised MVFCU of your selected insurance agent at least 3 days prior to closing.

HAZARD INSURANCE: Hazard insurance coverage is required for at least the amount of the total mortgage indebtedness including other mortgage loans against your home. The maximum allowable deductible is $1,000.

Initials: _________ __________

Page 2 of 3

EARTHQUAKE INSURANCE: Earthquake insurance is not required by MVFCU. Damage related to earthquake is not included in Hazard Insurance coverage. You should consult with your insurance agent on questions related to this or other hazard insurance coverage.

FLOOD INSURANCE: If it is determined that the property securing your loan is located in a special flood hazard boundary area you will be advised and flood insurance coverage equal to at least the amount of the loan will be required. In accordance with the requirements of the National Flood Insurance Program, any required Flood Insurance coverage must be paid in advance for 1 year and must be in effect before your loan can close.

PROPERTY TAXES AND HAZARD INSURANCE PREMIUMS WILL NOT BE INCLUDED IN YOUR PAYMENT

Property taxes and Hazard Insurance will not be collected nor managed by MVFCU as part of your loan payment. You are responsible to pay these costs in a timely manner when they come due. If MVFCU determines that property hazard insurance or flood insurance has lapsed we can and will force-place an insurance policy that provides coverage solely for property damage. You will be charged for all insurance coverage that MVFCU is forced to place. If property taxes or other government assessments are not paid they can create a lien against your property. In order to maintain and protect our lien position MVFCU can pay these charges and will then add those amounts to the total balance owing on your loan.

ACKNOWLEDGEMENT and AGREEMENT The interest rate and fees or charges reflected in the loan application and Good Faith Estimate are those that are in effect for the requested loan program on the day of application or disclosure. MVFCU makes no promise at this point that your loan application will be approved or closed.

By signing below, I agree that MVFCU is not responsible for any issues that may result as a denial of my loan request. I understand that failure to provide requested information or documentation in a timely manner may result in a denial of my loan application.

________________________________________/__________________ Applicant’s signature Date



Page 3 of 3

BUILDER’S RESUME FOR THE OWNER BUILDER

OWNER BUILDER:

NAME: ________________________________________________________ ACCOUNT NO.: ___________________

PHONE NO: ____________________________________ CELL NO: _______________________________________

ADDRESS: ________________________________________________________________________________________

BUILDING PERMIT: ___________________________________

BUILDING HISTORY:

ARE YOU CURRENTLY OR HAVE YOU EVER BEEN EMPLOYED IN THE CONSTRUCTION INDUSTRY? YES NO

YEARS OF EXPERIENCE: ____________________

EXPERIENCE: FRAMING ELECTRICAL PLUMBING CONCRETE

ROOFING EXCAVATION MASONRY FLOORING/TILE

BLUE-PRINT DESIGN FINISH WORK OTHER

OTHER RELATED EXPERIENCE:

___________________________________________________________________________________________________

___________________________________________________________________________________________________

___________________________________________________________________________________________________

___________________________________________________________________________________________________

SUMMARY OF EDUCATION:

___________________________________________________________________________________________________

___________________________________________________________________________________________________

___________________________________________________________________________________________________ (Please attach all certificates)

Initials: _________ __________

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907) 745-9165

NUMBER OF HOMES BUILT PREVIOUSLY:

WHEN: __________________________

IMPROVEMENTS: DESCRIBE CURRENT IMPROVEMENTS TO YOUR CONSTRUCTION LOCATION (i.e. WELL AND SEPTIC INSTALLATION, COMPLETE THOROUGH FRAMING, ETC.)

___________________________________________________________________________________________________

___________________________________________________________________________________________________

___________________________________________________________________________________________________

___________________________________________________________________________________________________

AUTHORIZED SIGNER: _________________________________________________ DATE: ____________________

AUTHORIZED SIGNER: _________________________________________________ DATE: ____________________

Page 2 of 2



907) 745-9165BUILDER’S RESUME FOR THE OWNER BUILDER

ESTIMATE OF CONSTRUCTION COST

Member / Builder ______________________________________________________________________________________

Property Address ______________________________________________________________________________________

Legal Description ______________________________________________________________________________________

LAND COSTS Land Payoff ($______________) Land Costs $______________

Total $______________

PLAN AND PERMIT ESTIMATES Plans/Permits $______________ Engineering $______________ Inspections $______________ As-Built Survey $______________

Total $______________

SITE PREPARATION ESTIMATES Water/Well $______________ Sewer/Septic $______________ Excavation $______________

Total $______________

FOOTINGS / FOUNDATION / CONCRETE ESTIMATES Footings/Foundation $______________ Water Proofing $______________ Inside Concrete $______________ Asphalt $______________

Total $______________ FRAMING ESTIMATES Framing Package $______________ Siding/Exterior Painting $______________ Roofing $______________ Framing Labor $______________

Total $______________ MILLWORK ESTIMATES Exterior Doors/Windows/Trim $______________

$______________ $______________

Garage Doors Interior Doors/Trim Finish Labor $______________

Total $______________

PLUMBING/HEATING/ VENTILATION ESTIMATES $______________ $______________ $______________

Rough In Finish Heating Ventilation $______________

ELECTRICAL ESTIMATES Rough In $______________ Finish/Light Fixtures $______________ Specialty Wiring/Equipment $______________

Total $______________

INTERIOR COMPLETION ESTIMATES Insulation/Vapor Barrier $______________ Sheetrock/Texture $______________ Cabinets $______________ Countertops $______________ Floor Coverings $______________ Fireplace Rough In/Finish $______________ Hardware $______________ Interior Painting/Finish Details$______________ Appliances $______________ Finish Labor $______________ Other $______________

Total $______________

MISCELLANEOUS ESTIMATES Contingency $______________ Other $______________ Other $______________ Other $______________

Total $______________

FINANCING COST ESTIMATES Const. Loan Origination Fee $______________ Interest Expense $______________ Closing Costs $______________

(Title Insurance, Recording Costs, Etc) Appraisal $______________ Construction Insurance $______________

Total $______________

Total Estimated Construction Costs $______________

Date ______________ Member(s) Signature(s) _____________________________________________________________

Date ______________ Member(s) Signature(s) _____________________________________________________________

Total $______________



907) 745-9165

MATERIALS DESCRIPTION

Member / Builder _____________________________________________________________________________________

Property Address _____________________________________________________________________________________

Legal Description _____________________________________________________________________________________

Proposed Construction Under Construction

FOOTINGS AND FOUNDATION

FOOTINGS Type Perimeter Monoslab Pilings

Material Concrete AWW Steel

Reinforcing Rebar Size _______________________ Additional Info _____________________________________________________

FOUNDATION Material Block Concrete AWW ICF BlockReinforcing Rebar Size ___________________________________

Water Proofing Material _________________________________________________________________________________________

Insulation Type ____________________________ Additional Information ______________________________________________

FRAMING

FLOOR FRAMING Floor Joist Material _____________________________________________________________________________________________

Size and Spacing _______________________________________________________________________________________________

Sub-Flooring Material ___________________________________________________________________________________________

Additional Information __________________________________________________________________________________________

EXTERIOR WALL FRAMING Framing Material _______________________________________________________________________________________________

Sheathing Material _____________________________________________________________________________________________

House Wrap Material ____________________________________________________________________________________________

Siding Material _________________________________________________________________________________________________

Exterior Trim Material ___________________________________________________________________________________________

INTERIOR PARTITION FRAMING Framing Material _______________________________________________________________________________________________

Size and Spacing _______________________________________________________________________________________________


ROOF FRAMING Rafter Material _________________________________________________________________________________________________

Size and Spacing _______________________________________________________________________________________________

Truss Material _________________________________________________________________________________________________

Spacing and Location ___________________________________________________________________________________________

Sheathing Material _____________________________________________________________________________________________

Underlayment Material _________________________________________________________________________________________

Roofing Material ______________________________________________________________________________ Grade __________

Gutters and Downspouts ________________________________________________________________________________________

Page 1 of 4



907) 745-9165

MILLWORK

FINISH PLUMBING Kitchen Sink Make ________________________________ Faucet ____________________________________

Bathroom Sink Make ________________________________ Faucet ____________________________________

Bath Tub Make ________________________________ Faucet ____________________________________

Shower Stall Make ________________________________ Faucet ____________________________________

Lavatory Make ________________________________ Faucet ____________________________________

Other (Describe) _______________________________________________________________________________________________

HEATING Fuel Type Gas Oil Propane Electric Wood Other _____________________

System Type Forced Air Radiant Floor HWBB Panel Other _____________________

Furnace / Boiler Make and Model _________________________________________________________ Efficiency _____________%

MECHANICAL VENTILATION EQUIPMENT Make and Model _______________________________________________________________________________________________

Additional Information _________________________________________________________________________________________

EXTERIOR DOORS AND WINDOWS Main Entrance Door Type ______________________________________________ Material _______________________________

Other Door Types ____________________________________________________ Material _______________________________

Garage Door Type _____________________________________________________ Material _______________________________

Window Type _______________________________ Material: Wood Vinyl Other ________________

Heat Mirror ArgonGlass Panes : 1 2 3 Low E Screens


INTERIOR DOORS AND TRIM Door Type ________________________________________________________ Material __________________________________

Door and Base Trim Type ___________________________________________ Material __________________________________

Finish Coatings _______________________________________________________________________________________________


PLUMBING/HEATING/VENTILATIONPLUMBING Information ___________________________________________________________________________________________ Water Supply Public Private Community SystemSewage Disposal Public Private Community System

House Drains ABS Cast Iron Other _______________________________________

Water Supply Copper Plastic Other _______________________________________

Water Heater Type ______________________________________________ Make & Model _________________________________

Panel Amps ___________________________________________________________________________ No. of Circuits: ___________

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907) 745-9165

Special Wiring: Cable Phone Computer Sec. System Other _________________________

Additional ____________________________________________________________________________________________________

LIGHTING FIXTURES Total No. Of Fixtures ____ Approximate Allowance per Fixture: $ Specialty Lighting (Describe) ______________________________

INTERIOR

INSULATION AND VAPOR BARRIER Roof Insulation Type ______________________________________________________________ R-Value _____________________

Ceiling Insulation Type ____________________________________________________________ R-Value _____________________

Wall Insulation Type ______________________________________________________________ R-Value ______________________

Floor Insulation Type ______________________________________________________________ R-Value ______________________

Vapor Barrier Type _________________________________________________________________ Mill __________________________

WALL AND CEILING TREATMENT

Material for Ceiling Finish Drywall Wood Other

Finish Treatment Texture Smooth Other Decorating Describe (Paint, Wall Paper, Etc) ________________________________________________________________________


CABINETS AND COUNTER TOPS Kitchen Cabinet Type ______________________________________ Material _____________________________________________

Bathroom Cabinet Type ____________________________________ Material _____________________________________________

Counter Top Type _________________________________________ Material _____________________________________________

Other Cabinets / Built Ins _________________________________________________________________________________________


FINISH FLOORS Kitchen Material ________________________________________________________________ Price Per Sq. Yard $ ______________

Bath Material __________________________________________________________________ Price Per Sq. Yard $ ______________

Living Room Material ____________________________________________________________ Price Per Sq. Yard $ ______________

Bed Rooms Material _____________________________________________________________ Price Per Sq. Yard $ ______________

Other ____________________________ Material _____________________________________ Price Per Sq. Yard $ ______________


STAIRS Stair Finish Wood Carpet Other ___________________________________________________Material Type ________________________________________________________________________________________________


Material for Wall Finish Drywall Wood Other

ELECTRICAL

WIRING Service: Overhead Underground Generator

Panel Amps ___________________________________________________________________________ No. of Circuits: ___________

Page 3 of 4




907) 745-9165

MISCELLANEOUS ITEMS

Fireplace or Wood Stove _________________________________________________________________________________________

Specialty Equipment ____________________________________________________________________________________________

Porches/Decks/Out Bldgs ________________________________________________________________________________________

Landscaping, Plantings, and Finish Grade ___________________________________________________________________________

Other _________________________________________________________________________________________________________

______________________________________________________________________________________________________________ Date Applicant Signature

______________________________________________________________________________________________________________ Date Co-Applicant Signature

HARDWARE Make, Model and Finish _________________________________________________________________________________________

APPLIANCES Kitchen Oven / Range Make and Model ____________________________________________________________________________

Dishwasher Make and Model ___________________________________________________________________________________

Microwave Make and Model ____________________________________________________________________________________

Compacter __________________________________________________________________________________________________

Garbage Disposal ____________________________________________________________________________________________

Page 4 of 4




907) 745-9165

Member / Builder ______________________________________________________________________________________

Property Address ______________________________________________________________________________________

Legal Description ______________________________________________________________________________________

COMPONENT NAME PHONE NO.

Plans ________________________________________________ ____________________

Building Inspections ________________________________________________ ____________________

Engineering ________________________________________________ ____________________

Well ________________________________________________ ____________________

Septic ________________________________________________ ____________________

Excavation ________________________________________________ ____________________

Concrete Supplier ________________________________________________ ____________________

Concrete Labor ________________________________________________ ____________________

Lumber Package ________________________________________________ ____________________

Framing Labor ________________________________________________ ____________________

Windows / Doors ________________________________________________ ____________________

Garage Door ________________________________________________ ____________________

Roofing ________________________________________________ ____________________

Plumbing Rough In ________________________________________________ ____________________

Finish Plumbing Supplier ________________________________________________ ____________________

Ventilation System ________________________________________________ ____________________

Electrical Rough In ________________________________________________ ____________________

Electrical Supplier ________________________________________________ ____________________

Insulation / Vapor Barrier ________________________________________________ ____________________

Drywall / Textures ________________________________________________ ____________________

Interior / Exterior Painting ________________________________________________ ____________________

Cabinet / Counter Top Supplier ________________________________________________ ____________________

Finish Labor ________________________________________________ ____________________

Floor Coverings ________________________________________________ ____________________

Appliances ________________________________________________ ____________________

________________________________________________ ____________________

________________________________________________ ____________________

________________________________________________ ____________________

Date _________ Member(s) Signature(s) _______________________________________________________________

Date _________ Member(s) Signature(s) _______________________________________________________________

LIST OF SUB-CONTRACTORS AND SUPPLIERS



907) 745-9165

CONSTRUCTION TIME LINE WORK TO COMPLETE MONTH 1 MONTH 2 MONTH 3 MONTH 4 MONTH 5 MONTH 6 MONTH 7 MONTH 8 MONTH 9 MONTH 10 MONTH 11 MONTH 12

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4

PLANS / PERMITTING

WELL / WATER

SEPTIC / SEWER

EXCAVATION

FOOTINGS / FOUNDATION

INSIDE CONCRETE

FRAMING

ROOFING

EXTERIOR DOORS / WINDOWS

SIDING / EXTERIOR PAINT

ROUGH IN PLUMBING

ROUGH IN MECHANICAL

ROUGH IN ELECTRICAL

INSULATION / VAPOR BARRIER

SHEETROCK / TAPE / TEXTURE

INTERIOR PAINT

INTERIOR DOORS / TRIM

CABINETS / COUNTERTOPS

FINISH FLOORING

FINISH PLUMBING

FINISH ELECTRICAL

PUNCH OUT

NOTICE OF COMPLETION

LONG-TERM LOAN CLOSING

(BAR GRAPH)



907) 745-9165Fax: (907) 745-9168

ENVIRONMENTAL CONCERNS QUESTIONNAIRE www.mvfcu.coop

MVFCU STAFF COMPLETION ONLY: DEC Contaminated Site Search Completed Date: _____________ Initials: ______________

This Environmental Questionnaire is used to assist in the loan process. Review and complete the form in its entirety. Should you need additional space to complete any question, please attached additional sheets as necessary.

BORROWERS NAME: ___________________________________ PROPERTY OWNER: _______________________________________

PROPERTY ADDRESS: __________________________________ PAST PROPERTY USE: ______________________________________

LEGAL DESCRIPTION: __________________________________ CURRENT PROPERTY USE: ___________________________________

Has an environmental assessment ever been completed? YES NO If “yes” please attach a copy

Are you aware of any citations, claims, complaints, notices of violations, correspondence with governmental agencies, or internal correspondence regarding or relating to the release, threatened release, or cleanup of hazardous substances, or any other environmental violation or problem at this property past or present? YES NO UNKNOWN

If yes explanation your knowledge of such notices and/or correspondence: ________________________________________ ____________________________________________________________________________________

Do any of the following potential environmental currently exist, or have existed, on the property? YES NO UNKNOWN Discarded Batteries YES NO UNKNOWN Stained or Oiled Soil, Sheen on Surface Water YES NO UNKNOWN Containers, Drums, Tanks YES NO UNKNOWN Underground Storage Tanks YES NO UNKNOWN Evidence of Spills, Leaks or Discharge YES NO UNKNOWN Commercial Pesticides / Herbicides YES NO UNKNOWN PCB’s (Transformers, Capacitors, Etc) YES NO UNKNOWN Landfills, Pits Lagoons, Dumping YES NO UNKNOWN Suspected Asbestos Containing Materials YES NO UNKNOWN Lead Paint, Solvents YES NO UNKNOWN Distressed or Damaged Vegetation YES NO UNKNOWN Oil / Grease Separators YES NO UNKNOWN Urea Formaldehyde Foam Insulation YES NO UNKNOWN Unusual Odors YES NO UNKNOWN Other: _________________________________

If yes to any of the above, explain: ________________________________________________________________________ ____________________________________________________________________________________

Is the property being used for, or has the property been used for, any of the following high risk activities? YES NO UNKNOWN Pesticide / Herbicide Use YES NO UNKNOWN Transportation of Hazardous Materials YES NO UNKNOWN Oil / Petroleum Related Use YES NO UNKNOWN Metal Manufacturing / Tooling YES NO UNKNOWN Paint Shop / Manufacturer YES NO UNKNOWN Heavy Equipment Repair YES NO UNKNOWN Chemical Manufacturing / Storage YES NO UNKNOWN Storage Tanks, Derelict Tanks or Containers YES NO UNKNOWN Junkyard / Landfill YES NO UNKNOWN Laundry / Dry Cleaning YES NO UNKNOWN Other: _________________________________

http://www.mvfcu.coop/



907) 745-9165Fax: (907) 745-9168

ENVIRONMENTAL CONCERNS QUESTIONNAIRE www.mvfcu.coop

MVFCU STAFF COMPLETION ONLY: DEC Contaminated Site Search Completed Date: _____________ Initials: ______________


Does any of the following pertain to the surrounding region? YES NO UNKNOWN Within 500 yards of this property, are there any high risk sites? YES NO UNKNOWN Do activities on nearby properties pose an environmental risks to the subject property?


Borrower signature: ___________________________________________ Date: ___________________________

Owner signature: _______________________________________________ Date: ___________________________

http://www.mvfcu.coop/



907) 745-9165Fax: (907) 745-9168

www.mvfcu.coop

ELECTRONIC COMMUNICATIONS AGREEMENT

We may send you information and documents by email related to your loan or in reference to other inquiries if you so choose to receive them in said way. If required by law, and unless you have provided us with consent to receive electronic communications as required by the Electronic Signatures in Global and National Commerce Act (ESIGN Act), such information may also be provided in hard copy. Note that this document does not provide actual e-sign consent. If you would like to receive email from us, please provide your preferred email address below. We will never request personal or sensitive information via email from you.

I would like to receive emails from Matanuska Valley Federal Credit Union at the following email address:

__________________________________________________________________ (e-mail address)

I understand that I am not required to consent to the electronic delivery of information or documents and separate ESIGN Act consumer consent to electronic delivery may be required for certain types of communications.

BORROWER:

X_____________________________________________________ ___________ Date




907) 745-9165Fax: (907) 745-9168

www.mvfcu.coop

ELECTRONIC COMMUNICATIONS AGREEMENT

We may send you information and documents by email related to your loan or in reference to other inquiries if you so choose to receive them in said way. If required by law, and unless you have provided us with consent to receive electronic communications as required by the Electronic Signatures in Global and National Commerce Act (ESIGN Act), such information may also be provided in hard copy. Note that this document does not provide actual e-sign consent. If you would like to receive email from us, please provide your preferred email address below. We will never request personal or sensitive information via email from you.

I would like to receive emails from Matanuska Valley Federal Credit Union at the following email address:

__________________________________________________________________ (e-mail address)

I understand that I am not required to consent to the electronic delivery of information or documents and separate ESIGN Act consumer consent to electronic delivery may be required for certain types of communications.

BORROWER:

X_____________________________________________________ ___________ Date


Individual(s) Taxpayer Consent to the Use of Tax Return Information

Lender: Matanuska Valley Federal Credit Union

I understand and agree that Lender may obtain, use and share my state and/or federal tax return

information for purposes of: 1) reviewing and responding to my loan application; 2) originating

the loan; 3) servicing the loan; 4) selling or transferring all or a part of the loan or any interest in

it; and (5) internal marketing analysis, marketing to me, and other marketing as permitted by law.

I understand to accomplish these purposes Lender may need to share this information with Third

Parties, including loan servicers, actual or potential purchasers or investors in loans, government

agency loan guarantors, mortgage insurers, marketing companies, etc., depending on the type of

loan I have applied for, and I agree to such information sharing for these purposes. For the

purpose of this consent to sharing tax return information, Lender and Third Parties includes the

affiliates, agents, and any successors or assigns of Lender and Third Parties.

I declare that I am either a taxpayer whose name is shown on the return(s), or a person

authorized to obtain and release said tax information. If the request applies to a joint return, at

least one spouse’s signature is required.

Primary Taxpayer Date

Joint Taxpayer Date




907) 745-9165Fax: (907) 745-9168

Documents

CONSTRUCTION LOAN PACKAGE CHECKLIST 907) 745-9165