Commercial loans

To submit a commercial loan request, please assemble and forward as much of the following items as possible. If you are unsure of which program you are best suited for, feel free to call one of us or complete our online prequal and one of our account representatives will contact you.

Conventional Owner Occupied and SBA Loans

Last 3 years federal tax returns on the business

Year to date Profit/loss statement and balance sheet on the business (no older than 60 days

Business debt schedule

Last 3 years federal tax returns of the borrower

Personal financial statement

Credit release authorization

Borrowers resume

Lightning quote form

Property rent roll (if multiple tenants)

Purchase agreement, notes to refinance, or construction budget depending upon the situation

If available, please also provide photos of the subject property as well as copies of any previous appraisals, environmental reports or title work.

Investment Real Estate

Ideally suited for multi tenanted properties (apartment buildings, shopping centers, office buildings…) where the borrower will occupy no more than 25% of the property. Loans are underwritten to the property cash flow; while the borrower’s personal income is used to determine sufficient income to service personal debts.

Program Characteristics:

LTV up to 80%
CLTV up to 85%
Loan amounts $250,000 to $15mm
Fixed rate options out to 10 years
Amortization up to 30 years
Debt Service Coverage Ratio (DSCR) down to 1.15
Multiple prepayment options

Program Benefits:

Low down payment
Subordinate financing allowed
Long fixed low payments
Easy to qualify DSCR
Flexible prepayment choices

Last 3 years property operating statement

Year to date property operating statement

Property rent roll

Last 3 years federal tax returns of the borrower

Personal financial statement

Credit release authorization

Lightning quote form

Purchase agreement or notes to refinance depending upon the situation

If available, please also provide photos of the subject property as well as copies of any previous appraisals, environmental reports or title work.

Stated Income Loans

Lightning quote form

Purchase agreement or notes to refinance depending upon the situation

Property rent roll (if multiple tenants)

Credit release authorization

Personal financial statement

If available, please also provide photos of the subject property as well as copies of any previous appraisals, environmental reports or title work.