|
|
|
|
|
The following forms are required with all New Loan Submissions. Please click on each link to download the appropriate document. New Loan Submission Form IRS Form 4506T Borrower Authorization Financial Services Agreement Commercial or Apartment Questionnaire Wholesale Broker Application In addition, the following documents should be included with the Submission Package: 1) Current Personal Financial Statement or 1003 2) Last 2 years and year-to-date Income and Expense Statements (or P&L and balance sheet) 3) Last 3 years business tax returns 4) Current Rent Roll (Tenant Occupied or Multi family properties) 5) If a Start up Businesses please provide a CPA prepared operating pro-forma 6) Digital Color Photos (Minimum of 5 photos, front, side, rear, interior and common areas)7) Copy of Purchase Contract (if applicable)
Additional for HOTEL/MOTEL Only:1) ADR & Occupancy Report 2) Trailing 12 months rent collections month by month 3) STAR Report if available Additional for STATED or ALT-A Programs:1) Evidence of last 12 months business rent or mortgage paid (front and back of cancelled checks)2) Evidence of 2 years in business (bank account, business license, etc)3) Copy of current mortgage statement or coupon, or copy of existing lease4) ALT-A, ALT-A INVESTOR, or STATED application EMAIL complete package to loans@mycommercialquote.com
|
|
|
|