Please follow these four steps to help make your apartment or commercial financing request run smoothly. Count on us to do all we can to make this a great experience. Following these steps will ensure a closing within 30-45 days. The quicker the required documentation is completed and submitted, the quicker the close.

1. Obtain Letter of Interest/Conditional Approval
   The property must be able to service the debt, so it is critical that we obtain these items to issue an LOI (Letter of Intent). The process of obtaining the LOI will determine whether the property supports the desired loan amount. In order to obtain an LOI, fax or email all of the following:
   - A current Rent Roll, Lease Agreements, and Borrower’s Authorization.
   - A current balance sheet and a profit and loss statement.
   - Business Tax Returns for previous 3 years.
   - Personal Tax Returns for previous 3 year.
   - A completed loan application form 1003 and a credit report.
   - Photos of the subject property.
   - A current information sheet prepared by the listing agent.
2. Submit Your Package to your Loan Officer or Business Development Mgr.
   Submit all documents required in step 1 to avoid possible delays in the issuance of th LOI. Timely loan funding is required in a purchase contract.
3. Upon Receipt of LOI
   Forward the signed LOI, check to your loan officer or MBD via email or fax. Mail the signed original LOI with the check for the appraisal and rate lock or due diligence fee (if needed), We will then work on ordering the appraisal and giving you a"Needs List" of outstanding items.
4. Underwriting
   Once all of the information is received, the file will be sent to Underwriting. Files are generally underwritten on a "first in, first out basis". We encourage you to submit all conditions as soon as possible to ensure the speediest turnaround.