What documents you'll need to close
A short checklist — with why each document matters.
AVCG asks for a short, focused set of documents to close. Each one exists for a reason — here's the list and the why.
The checklist
- Business entity documentation — operating agreement or articles of incorporation
- Driver's License or other government-issued photo ID
- Credit report (score and factors)
- Purchase agreement and any addenda
- Scope of work
- Proof of property insurance (naming AVCG as additional insured and mortgagee)
Why each one
Business entity docs
All AVCG loans are made to a business entity with a personal guarantee, so we need proof the entity exists and you have authority to sign on its behalf.
Photo ID
Standard KYC — identity verification for the guarantor.
Credit report
Not a bank-style credit gate — we're looking for red flags like recent bankruptcies or unresolved judgments.
Purchase agreement
Confirms the terms of the acquisition and that you have the property under contract.
Scope of work
Tells us what the rehab budget covers, how draws should be released, and what the completed property will look like.
Insurance
Every property is insured; AVCG is named as additional insured and mortgagee so any loss proceeds flow to the loan first.
Have more questions?
Talk to a specialist — we'll walk through anything the guide didn't cover.