To get a pre-approval within 48 to 72hrs:
step 1. click here Get Pre-Approved or top of page.
To get a final approval and close within 10 to 20 business days:
step 2. If pre-approved, we'll send you our NCND/Fee agreement.
step 3. Send the documents below for final approval.
step 4. Term Sheet/LOI is issued after pre-underwriting.
step 5. Due diligence/Underwriting is conducted for final approval
step 6. Order 3rd party reports, i.e...appraisal and/or environmentals if needed.
step 7. Underwriting and due diligence is completed for final approval.
step 8. The deal closes within 5 to 7 business days....more or less.
Document list for final approval: (attach in PDF only)
1. resume/pfs on the principal(s)
2. bank stmnt or letter showing proof of funds
3. balance sheet and profit/loss stmnt
4. the rent roll and lease agreements
5. digital photos of property.
6. appraisal, environmental report(s) (if available).
7. market/feasibility analysis or report (if available)
8. detailed use of proceeds (rehabs and developments)
9. or any other document(s) needed by underwriting
* Please note :
To get a faster pre-approval, due to our heavy conference call schedule, please submit your project first prior to calling to discuss your deal. Consideration and priority will only be given to proper submissions.
Click here: Get Pre-Approved