About the property
- Purchase contract, or current mortgage statement for a refinance
- Current rent roll showing tenants, rents, lease dates and deposits
- Copies of all leases
- Operating statements for the last two to three years, plus year-to-date
- Property tax bill and insurance declarations
- List of recent capital improvements and costs
- Photos, site plan and any existing third-party reports
About you and your entity
- Personal financial statement for each guarantor
- Schedule of real estate owned, with loan balances
- Two years of personal tax returns
- Two years of entity tax returns, if the entity already exists
- Entity documents: articles, operating agreement and good-standing certificate
- Proof of funds for the down payment and reserves
Extra items by loan type
Construction loans
- Plans, budget and schedule
- Permit and entitlement status
- General contractor contract and resume
- Your development track record
SBA and business loans
- Three years of business tax returns and interim financials
- Three years of personal tax returns for each owner of 20% or more
- Business debt schedule
- Business plan and projections, for acquisitions and startups
- Resumes of the owners
Hotels
- Monthly STR reports or operating history
- Franchise agreement and any property improvement plan
Don't wait for a perfect package
You don't need every item to get started. Send the basics and we'll tell you what matters most for your deal and which lenders will want what. Start a deal request.