Lender file · Redacted sample

Every condition, tested against primary record.

This is the report format used for land and bridge underwriting. It opens with a conditions matrix, separates physical access from legal access, and closes with a verification log that states the source and date for every finding.

Subject file

5.01 acres, raw land, acquisition loan.

The lender sent eight underwriting conditions and asked which of them the public record could actually close before funding. The answer is the matrix below. Five closed on record, two closed only under a stated limit, and one could not be closed from record at all.

Nothing in this file is marked confirmed on inference. Where the record was silent or a source was verbal, the log says so and the condition stays open.

File
LR-2026-118 (redacted)
Collateral
5.01 acres, unimproved
Loan type
Land acquisition, bridge
Conditions tested
8
Turnaround
4 business days
Prepared for
The lender, not the seller
Page one · Conditions matrix

Your conditions, in your words, with a verdict on each.

#ConditionRecord testedVerdictClosing method
C-1Legal access of record to a public right of wayDeed recorded 2019, Book 1142 Page 88, appurtenant easement 50 ft wide across adjoining tractSatisfiedRecorded easement runs with the land; no closing action required
C-2Property not in a FEMA special flood hazard areaFIRM panel 48085C0435K, effective 2019; parcel mapped Zone XSatisfiedFlood determination attached; no flood insurance condition
C-3Jurisdiction and permitted use support intended improvementUnincorporated county, within municipal ETJ; subdivision platting rules applyQualifiedPermitted as a single dwelling; further division requires plat approval
C-4Water and sewer service available or permittableNo public water main within 1.2 mi; no OSSF permit of record for this tractNot satisfiedCondition closes on a soil evaluation and a water district service letter
C-5No encumbrance materially reducing usable areaPipeline easement 30 ft along south boundary; utility easement 10 ft at frontageQualifiedUsable area reduced to 4.1 of 5.01 acres; building envelope confirmed adequate
C-6No open environmental condition of recordState agency database screen and county records show no listing, spill or tankSatisfiedDesktop screen only; not a Phase I ESA
C-7Taxes current and no rollback exposure at closingAg valuation active since 2011; taxes paid through prior yearOpenRollback triggers on change of use; closes on a tax certificate at title
C-8Title observations consistent with lien position soughtTwo mortgages of record released; one lis pendens released 2021SatisfiedObservation only; a title commitment governs
Satisfied

Tested against primary record and met as written.

Qualified

Met, but only under a stated limit the file must carry forward into the loan documents.

Not satisfied

Tested and not met. The closing method is named, not implied.

Open

Cannot be closed from public record alone; requires a third-party instrument.

Access analysis

A road is not a right. Two questions, answered separately.

A driveway on the ground proves someone has been driving. It does not prove anyone may keep driving. Every lender file separates the physical question from the legal one, because only one of them survives a change of ownership on the servient tract.

Physical access

There is a graded gravel drive from County Road 412 across the north tract to the subject frontage. Aerial imagery from 2016 through 2026 shows continuous use. The drive is passable by a standard vehicle in dry conditions.

Present

Legal access

An appurtenant ingress and egress easement 50 feet in width is recorded in favor of the subject tract, described by metes and bounds and referenced in the vesting deed. It is not a license, not a prescriptive claim, and not a shared-use handshake.

Established of record

Maintenance obligation

The easement instrument is silent on maintenance. There is no recorded road maintenance agreement and no HOA. Cost allocation between benefited tracts is undefined.

Not addressed

Financeability read

Access is deeded, of record, and continuous to a public road, which is what a land or bridge file needs. The absent maintenance agreement is a documented gap, not an access defect.

Financeable, with note
Verification log

Nothing is confirmed on inference.

Every line in the report traces back to a source, a method and a date. Where the source was verbal, or the search returned nothing, the log says exactly that rather than rounding it up to a confirmation.

ItemSourceMethodDateState
Deed of recordCounty Clerk, official public recordsInstrument image pulled2026-04-14Confirmed
Easement instrumentCounty Clerk, official public recordsInstrument image pulled2026-04-14Confirmed
Flood determinationFEMA FIRM panelPanel and effective date recorded2026-04-14Confirmed
Parcel geometry and APNCounty appraisal districtRecord matched to deed legal2026-04-15Confirmed
Zoning and ETJ statusCounty and municipal planningWritten response from planner2026-04-16Confirmed
On-site sewage permitCounty environmental healthSearch returned no record2026-04-16No record found
Public water availabilityWater supply corporationVerbal only, letter requested2026-04-17Unverified
Pipeline easement extentRecorded instrument plus operator mapWidth recorded, alignment approximate2026-04-17Partially verified
Tax status and ag valuationCounty tax assessorStatement pulled2026-04-17Confirmed
Environmental database screenState agency public databasesSearch returned no listing2026-04-18Confirmed
What this file is

Independent research from primary public record, prepared for the party carrying the risk. Buyer side and lender side only. No commission, no side of the deal.

What it is not

Not a title opinion, not a survey, not an appraisal, not a Phase I ESA. Where one of those is the right instrument, the report names it and says why.

For the buyer and builder version of this research, read the sample buyer report, or see how volume and turnaround work on the professionals desk.