BrokeredLoans - Checklsit for Deals

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What do I need to submit to obtain a loan?

In order to give a preliminary loan quote, we need certain information.

  • Property operating statements for the last two years and current year-to-date.
  • Property rent roll (for current month).
  • Photographs and location map of the property.
  • Current personal financial statement of borrower(s).
  • Last three years personal tax returns of borrower(s) and/or principal(s) of corporate or partnership borrowing entity.
  • Any other information which may be helpful to determine the viability of your loan request.

Please note that a preliminary quote is based on an initial review of the data submitted, and does not constitute a commitment for financing nor a commitment as to rate or terms of the loan if financing is offered.

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BrokeredLoans.com is division of Presidential Bank, FSB, a portfolio bank and financially sound institution with assets of over $200 million. We also do other types of financing, see www.presidential.com for details.

johnf@presidential.com
© 2002 Presidential Bank, FSB
last updated10/1/2002, mls