Document Requirements – Upload

DOCUMENT REQUIREMENTS

Income Producing / Investment Properties

Includes all 1 to 4-unit residential rental properties, commercial, mixed-use, specialty-use, hotels, multifamily 5+ unit properties, and other properties that have tenants and not owner-occupied by the property owner's business.

NEEDED FOR UNDERWRITING

  • Commercial Loan Application
  • Rent Roll
  • T12 or Property Operating Statement
  • Schedule Real Estate Owned (included in Commercial Loan Application)
  • Purchase & Sale Agreement or Executed LOI to purchase (if purchase)
  • Appraisal
  • Bank / Investment Statement showing cash position
  • Credit Report (if available) or ICS Soft Pull
  • Borrower ID
  • 3-Years personal and business tax returns (Bank Financing Only)
  • Articles of Formation - Entity
  • EIN Letter / Entity EIN Confirmation
  • Entity Certificate of Good Standing
  • Corp / LLC Operating Agreement
  • Most recent mortgage statement (if refinance)
  • Insurance Company Contact
  • Title Insurance Company Contact (if purchase)

Rehab / Ground-Up Construction

Includes all 1 to 4-unit residential properties, commercial, mixed-use, specialty-use, and multifamily 5+ unit properties that are being purchased or refinanced with the intent to rehab or complete ground-up construction, then refinance to hold long-term or sell upon rehab/construction completion.

  • Scope of Work & Budget
  • Project History Resume
  • Schedule Real Estate Owned
  • Proforma Operating Statement (if investment)
  • Proforma Rent Roll (if investment)
  • Construction / Rehab / Fix & Flip Loan Application or PFS
  • Appraisal (if available)
  • Bank / Investment Statements showing cash position
  • Purchase & Sale Agreement or Executed LOI to purchase (if purchase)
  • Credit Report (if available) or ICS Soft Pull
  • Borrower ID
  • 3-Years personal and business tax returns (Bank Financing Only)
  • Articles of Formation - Entity
  • EIN Letter / Entity EIN Confirmation
  • Entity Certificate of Good Standing
  • Corp / LLC Operating Agreement
  • Most recent mortgage statement (if refinance)

 

Owner-user / SBA Commercial Loan

Includes all commercial, mixed-use, and specialty-user properties where the property owner occupies space for their own business or intends to occupy space for their business. 

  • Rent Roll (if multi-tenant)
  • T12 / Operating Statement
    • (Year-to-date & Previous Year)
  • Schedule Real Estate Owned
  • Borrower Loan Application or PFS (if available)
  • Appraisal (if available)
  • Owner's business P&L (Year-to-date & Previous Year)
  • Owner's business balance sheet
  • Bank / Investment Statements showing cash position
  • Purchase & Sale Agreement or Executed LOI to purchase (if purchase)
  • Credit Report (if available)
  • Borrower ID
  • 3-Years personal and business tax returns
  • Articles of Formation - Entity
  • EIN Letter / Entity EIN Confirmation
  • Entity Certificate of Good Standing
  • Corp / LLC Operating Agreement
  • Most recent mortgage statement (if refinance)
  • Borrower Resume / Bio
  • Business Plan