Each funding scenario is different and will require different documentation. To help you prepare, Capital Funding Hard Money has developed a list of items most common to the commercial real estate funding process:
- Completed loan application with individual, corporation or group name.
- Title of signor with address, phone number
- Stated income, asset liabilities, schedule of assets
- Down payment and source of funds
- Personal guarantee (if applicable)
- Seller carry-back information (if applicable)
- Address and legal description of subject property
- Other collateral or cross-collateral – with legal description/address