Commercial Loans - Application Items Needed

Please submit the following documents with this application:

Last two years tax returns
YTD operating statements
Last 12 months trailing operating statements
Personal Financial Statements on principles
Borrowers resume (ownership/management experience)
Purchase agreement
Rent Roll (if rental property)
Multi-Family Questionnaire (if applicable)
Authorization to Release Information
Purchase Contract

*Affects pricing. With the No Closing Cost Option, borrowers finance the closing costs instead of paying for them at closing. Borrowers who pay closing costs at closing may qualify for a lower interest rate. Some upfront fees (ex. credit report and appraisal) may apply and may be credited at closing.*Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when compared to your current situation.