To: Cc: West, Linda[lwest@mybankwell.comj From: Simington, Eugenia Sent: Thur 5/1/2014 4:08:37 PM Subject: RE: i Loan Hi The Certificate of Occupancy Holdback is 58 of the hard & soft cost budget that the bank finances. Your total hard & soft cost budget for the house is $1,945,765. Of that, the bank is advancing $1,500,000 or 77.1% as the work is completed except for the CO holdback which is approximately 5% or $72, 671. That portion is held until we receive the permanent CO. I hope that answers your question. Original Message From: West, Linda Sent: Thursday, May 01, 2014 11:40 AM To: Simington, Eugenia Subject: FW: Loan Eugenia This is the email. Linda West Bankwell 612 Bedford Street Stamford, CT 06901 203 391-5766 Fax 203 602-9915 This email and any files transmitted with it are confidential and are intended solely for the use of the individual or entity to whom this email is addressed. If you are not one of the named recipients or have reason to believe that you have received this message in error, please notify me at the phone number or email address address listed above. Please delete this message and all its attachments from your computer. Any other use, retention, dissemination, forwarding, printing, or copying of this email by unauthorized recipients is strictly prohibited. This email and any files transmitted with it may contain nonpublic personal information about consumers subject to the restrictions of the Gramm-Leach-Bliley Act. You may not directly or indirectly reuse or redisclose such information for any purpose other than to provide the services for which you are receiving the information. Original Message From: [manta: Sent: Thursday, May 01, 2014 11:38 AM To: Simington, Eugenia; West, Linda Cc: Ike Subject: Loan Hi Eugenia and Linda...can you tell us what percentage of our loan we are allowed to take prior to the CO? Is it up to 70% and you hold back 308? Thanks, and= EFTA_R1_00723094 EFTA02106772