 |
 Thank you for your
interest in our private commercial finance programs. If you wish to be considered for our
fixed rate commercial refinance of 650K and up, we will need to receive the following:
(1.) We would like to know what you feel your property is worth to better evaluate loan to
value limits. If your value is based on an appraisal, please indicate the value and as of
what date, the appraiser's name and any professional designations, such as MAI. (2.) And
how much you are requesting to borrow. (3.) Describe improvements and provide a sketch or
site plan indicating improvement placement and identification of property lines, if
possible, and total square footage building and parcel and when built. (4.) Submit a rent
roll, and (5.) estimate or actual annual or annualized expenses. If the property is owner
occupied, substitute a profit and loss statement and include the expense statement and
site plan. Brief submissions are encouraged. We strongly suggest you submit clear
photocopies that are completely legible. Do not send more than 4 pages of fax material
unless specifically requested. Materials submitted will not be returned, therefore do not
send originals. All information submitted remains confidential to the investor network.
Borrower files are not retained once closed. After the requested material arrives, the
investor will evaluate your request and determine interest in providing your request.
|
 mailto:[email protected]For
a auto response on initial loan parameters send a blank message to:mailto:[email protected]
For an auto response on our business policies and procedures send a blank message
to:mailto:[email protected]
|
|
|
If the request is
satisfactory, a written proposal indicating amount, rate, terms and conditions will be
sent for your approval. Brokers are urged to obtain a written commission agreement, and a
copy is requested. Please take note, no loans can be funded in excess of 75% loan to
value, and most loans are within a 65% guideline loan to value or less based on a lender
designated MAI appraisal. |
|
