Commercial Financing Loan Application Checklist


In general, the documentation you will need includes:

2 Years Income & Expense and Year to date

6 - 8 Pictures of property

Information on Income ( Rent roll, copies of leases etc. )

Bio on borrowing Entity & Principals


Property Information (if you already have a property under contract )
Purchase Agreement.
Copy of legal description

Income & Assets

Current Income & Expense Statements
For the past two years:

Yearly Operating Statement

Capital Improvements
Estimated value of property and Commercial Real Estate Owned
Statements for each bank, mutual fund, and/or investment account for the last three monthEstimated value of property and Commercial Real Estate Owned
If you have made any large deposits to your accounts:

Explanation and source for deposit.

If large deposit was a transaction

Copy of Closing Statement

1031 Information if Applicable

Use of Funds

Property Income Data
  If self-employed:
 

Tax returns for the last three years (with schedules).

Year-to-Date Profit and Loss Statement prepared by an accountant.
  If you own rental property:
 

Income Info. for the last two years and current rent roll
  If you have a 1031
 

Copy of 1031 Exchange Information
  If you are on a tight schedule
 

When would you like to close?
  If You have a preferred Title agent
 

Provide name

contact info

Debts

Names,  account numbers, balances and monthly payments on all current loans.
Explanation of credit report anomalies, including:
 

Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens.

Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers).

 


Miscellaneous

Photo ID

Residence addresses for the past two years.
Other requested Information

 


Property Types Apartment, Assisted Living Facilities, Construction, Condo-Hotel, Congregate Care, Credit Tennant, Healthcare Facility, Hotel-Motel, Industrial, Medical Office/Condo, Mixed Use, Mobile Home Parks, NNN Tennant Loan, Nursing Facility, Office Building, Owner Occupied, Retail Center, Self Storage/Mini Storage, Senior Housing, Shopping Center, Single Tennant, Special Use, Strip Center, Student Housing and Warehouse Loans.

 

Mortgage Calculator:
Sales Price: $
Down: %
Interest Rate: %
Term: yrs
Monthly payment: $





News Headlines


Basic Pre-Approval

Get the Best Mortgage Rate!

Tell us a little about your current needs and we can use that
information to match you with just the right loan.
 
Tell us about your loan needs.
*Reason for loan (purch, refi, cash out):
*Value of property:
*Type of property:
*Amount you need to borrow:
Type of loan wanted (30 Yr, 15 Yr, ARM, Int. Only):

How can we get in touch with you?
*Name:
*Email:
Phone:
Address:
City:
*State:

Tell us about your credit history.
*Credit History (Excellent, Good, Average, Poor):

Note: Fields with an * are required

The Nations ONLY FLAT FEE Commercial Loans ©

We have lending programs in the following states


• Alabama • Alaska • Arizona • Arkansas • California • Colorado • Connecticut • Delaware • Florida • Georgia • Hawaii • Idaho • Illinois • Indiana
• Iowa • Kansas • Kentucky • Louisiana • Maine • Maryland • Massachusetts • Michigan • Minnesota • Mississippi • Missouri • Montana • Nebraska
• Nevada • New Hampshire • New Jersey • New Mexico • New York • North Carolina • North Dakota • Ohio • Oklahoma • Oregon • Pennsylvania
• Rhode Island • South Carolina • Tennessee • Texas • Utah • Vermont • Virginia • Washington • Washington DC • West Virginia • Wisconsin • Wyoming


Commercial Mortgages Direct, Inc
Phone: Fax:

High LTV Programs | Owner Occupied Property Loans | Special Use Property Types | Conduit Crusher | Specialty Apartment Loans | U.S. Treasury Rates | Interest Rate Swaps | Apartment / Mulitfamily Financing | Hotel Loan Docs | Loan Request | Freddie Mac Rates | SBA 7A Loans | DSCR Worksheet | Apt 1031 Exchange | Apartment Refinancing | Fannie Programs | Apartment / MHP Loan Forms | Commercial Loan Forms | Mobile Home Park Loans | Self / Mini Storage Financing | Retail Shopping Center Financing | DEFEASANCE | NNN / Credit Tenant Loan | Office Building / Condo Financing | DMBS Financing Loan | CMBS - Conduit - MEZZ CAP | Warehouse / Light Industrial Loans | Mixed Use Property Financing | Healthcare Financing Loans | Hotel / Motel Financing | Broker Resources | 85% LTV APARTMENT | Agency Multifamily | HUD 232 Loans | HUD 221d(4) Loans | HUD 223 f Loans | SBA 504 Loans | Loan Programs | Home | Commercial Loan App Checklist | Site Map | Fixed Vs. Adjustable | Should you buy points? | Commercial Property Types | Commercial Loan App Info | Commercial Rate Lock Periods | Commercial Refinancing Options | Getting an Appraisal | Commercial Financing Rates | Customer Login | Nationwide Financing | Broker vs. Loan Officer | Second Mortgages

Copyright © 2008 Commercial Mortgages Direct, Inc
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Terms of UseSite Map