In order to assist in providing a quick response time to loan requests, please include all or as much of the following information in the loan submission as is available.

Property and Proposed Transaction Description:

• Requested Loan Amount and Loan Term.
• Indicate whether an immediate funding, earn out, forward commitment, etc.
• Physical Description of Subject Property.

Area Description

• Access, Primary Arterial(s); Competing Projects; Major employers

Income Statement

• Year to Date (actual); Current Year Budget / Pro-Forma

Three of More Years of Historical Operating Statements

• Include explanation of significant deviations from the norm.

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Borrower information

• Name and Type of Borrowing Entity (General Partnership, LLC, Etc.).
• Agreement setting forth borrowing entity (Partnership, LLC Agreement).
• Resume/overview of experience of entity/individuals.
• Current financial information of entity/individuals.
• Tax Return (3 years) will be required (at a later date).

Location Maps

• Subject Property
• Market Area

Color Photographs and Aerial Photographs (If Available)

Rent Roll, Including

• Commencement and Expiration Dates; Tenant Size
• Rental Rate; Reimbursements. Options to Extend; Other comments

Floor Plans

• Layout of Tenant Spaces/Unit Sizes

Market Description

• Current Market Info Including Occupancy Rates, Rental Rates
• Concessions
• Standard Tenant Improvements and Leasing Commissions

Site Plans

• Layout of Building(s); Indicate Number of Parking Spaces

Historical Sales Volumes for Retail Tenants
Third Party Report (If Available)

• MAI Appraisals

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Link to:
Mortgage Terms and Definitions
Underwriting Guidelines