LYON FINANCIAL PROCESS

A Clear Path<br>From Application<br>to <em>Completion.</em>


<span style=”font-size:16px;”>Lyon Financial’s process keeps homeowners and contractors aligned from the initial loan application through final project payment.</span>




APPLICATION. APPROVAL. CONSTRUCTION. FUNDING.




ONLINE APPLICATION<br>CONDITIONAL APPROVAL<br>CLEAR TO START<br>STAGE PAYMENTS<br>FINAL COMPLETION




HOW THE PROCESS WORKS

Six Steps.<br>One Clear Process.


<span style=”font-size:15px;”>Each stage is tied to a specific action, document, or project milestone so everyone knows what happens next.</span>




01


SUBMIT THE APPLICATION


New customers submit their loan applications online through Lyon Financial.




02


APPLICATION REVIEW


Lyon Financial reviews the application and alerts the customer once a conditional approval is obtained from the lender.



03


FINAL APPROVAL &amp; LOAN DOCUMENTS


Once the customer is fully approved, the home improvement contract is received, and final financing numbers are confirmed, Lyon Financial issues the legal loan documents for signature.



04


CLEAR TO START CONSTRUCTION


After the customer signs the legal loan documents, Lyon Financial sends a “Clear to Start Construction” email to both the customer and contractor. This is the official notice that construction may begin.







STAGE PAYMENT PROCESS

Document the Work.<br>Release the Funds.


<span style=”font-size:15px;”>To release each stage payment, Lyon Financial requires a current, up-to-date photo showing that the specific stage has been completed.</span>


<span style=”font-size:15px;”>Some lenders may also require a signed Stage Release Form. When required, the form is sent to the customer through DocuSign and must be completed before payment can be processed.</span>





CURRENT PHOTO REQUIRED<br>STAGE MUST BE COMPLETE<br>DOCUSIGN MAY BE REQUIRED




SUBMITTING PHOTOS FOR PAYMENT

Send the Right<br>Information the First Time.


<span style=”font-size:15px;”>To submit photos for payment, email Lyon Financial Support. Include the customer’s full name and property address with the current project photo to help ensure timely processing.</span>







CURRENT PHOTO


Use a current, up-to-date image showing the completed stage.




CUSTOMER NAME


Include the customer’s full name in the email.




PROJECT ADDRESS


Include the property address for accurate processing.




LYON SUPPORT


lyonsupport@lyonfinancial.net







FINAL PAYMENT

Complete the<br>Final Verification.






VERIFICATION FORM


Customer signature required for final payment.




COMPLETION CERTIFICATE


Completion Certificate is required when applicable.




COMPLETED PROJECT PHOTO


A photo of the completed project is required.










READY TO GET STARTED?

Start Your<br>Application Online.




<span style=”font-size:15px;”>Begin the Lyon Financial application process online and follow each step through approval, construction, and final payment.</span>