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You are ready to submit your request for a loan. Please understand, the more complete your initial application, the better chance you have of obtaining a loan. Call us at 1-800-980-5161 if you need assistance with the forms or have questions about the process! We look forward to obtaining funds for you!
Identify your specific loan request below. In addition to the Authorization to Obtain Credit Report, you will need to submit these documents in order to complete the loan process. Scroll down the page to obtain downloadable forms!
Commercial Loan/Multi-Family Documentation Requirements
The following documents are required to process your loan request.
SUBJECT PROPERTY:
Rent Roll (Apartments)
Lease Summary (Commercial, i.e., shopping malls, office buildings, etc)
Lease/Rental Agreements or Estoppels
Laundry Lease if any
Appraisal Fee (to be determined)
Credit Authorization
Purchase Contract with Receipt of Deposit; Escrow Instructions
Preliminary Title Report
Designation of Professional Management Company or Management Resume'
Evidence of Hazard Insurance
Insurance Agent's Contact Information (Purchase)
2008, 2009, 2010, and current 2010 Year-to-Date Income and Expenses
___________________________________________________________
INDIVIDUAL/TRUST:
Completed signed Application
2008 and 2009 Federal Income Tax Returns (SF 1040)
2008 and 2009 Federal Partnership & Corporate K-1's for ownership interests 20% or greater
Signed 2009 Year-to-Date Profit and Loss Statement, or most recent pay stub
Copy of Trust Deed, Mortgage or similar Instrument
Copy of most recent Mortgage Statements for all real estate loans
Copy of all pages of the previous 3 months Bank Account/Investment Account Statements
___________________________________________________________
CORPORATION:
Completed signed Application
Tax ID number
Articles of Incorporation and Bylaws
Corporate Resolution to Borrow
2008 and 2009 Federal Tax Returns (SF 1120)
Signed 2010 Year-to-Date Profit & Loss Statement
Copy of all pages of the previous 3 months Bank Account/Investment Account Statements
Certificate of Domestic Stock Corporation
___________________________________________________________
LIMITED LIABILITY COMPANY:
Completed signed Application
Tax ID number
2008 and 2009 Federal Tax Returns, Schedule M-3 (SF 1120-F)
Signed 2010 Year-to-Date Profit & Loss Statement
Copy of all pages of the previous 3 months Bank Account/Investment Account Statements
Fully Executed Operating Agreement identifying schedule of investors and % owned
Filed LLC-1 and LLC-12
___________________________________________________________
LIMITED/GENERAL PARTNERSHIP:
Completed signed Application, including Tax ID Number
2008 and 2009 Federal Tax Returns, Schedule M-3 (SF 1120-F)
Signed 2010 Year-to-Date Profit & Loss Statement
Fully Executed Operating Agreement identifying schedule of investors and % owned with Filed LLC-1 and LLC-12 (Limited)
Filed Statement of Partnership(General)
Copy of all pages of the previous 3 months Bank Account/Investment Account Statements |
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