Sample of Typical Documents needed for a Quote / Application

1. Executive summary narrative
   
2. Project Submission Summary with existing loan detail and purpose of financing
   
3. Rent Roll (current month certified with detailed tenant expense reimbursements)
   
4. Inside and outside color photos (aerial if available)
   
5. 3 years Income and Expense Statements (certified, unless tax returns in item #2 are provided)
   
6. Last two (2) years of sales figures for all tenants with percentage rents (Retail only) plus Year To Date
   
7. Location maps indicating site by state, city, and street
   
8. Site Plans (if available)
   
9. Purchase Contract or Closing Statement, if Acquisition
   
10. Proforma - Profit & Loss, as required
    
11. Financial statements on principles, if available
    
12. Resume on principles, if available

1. Copy of Signed Application with:
   
   1. Statement of Cash Flow (signed)
   2. Credit Information Disclosure Authorization Form on principal (completed and signed)
   3. Verification of Mortgage Form (signed)
   4. Occupancy Summary (completed)
   5. Phone Contact List (completed)
   6. Check for professional reports (optional at this time)
2. Federal Tax Returns for past 3 years for the borrowing entity
   
3. Current year Performa Operating Statement (full year, estimated by borrower)
   
4. List of Capital Expenditures for the next full year.
   
5. Three Bank/ Trade References for the borrowing entity, with their phone #s and addresses
6. Market data for comparable properties (if available, with comps and vacancies)
   
7. Demographics
   
8. Resumes for:
   1. Borrowing Entity
      
   2. Principals or Borrower
      
   3. Management Company and Key On-Site Personnel (management plan, if available)
      
9. Copies of leases for anchor tenants and other major tenants (8,500 square feet or greater)
   
10. Ground lease (if applicable)
    
11. Existing Title Insurance Policy (if available)
    
12. Appraisal, Engineering, Environmental, other 3rd Party Reports

1. Executed Loan Commitment with check for professional reports (if not submitted with App.)
   
2. Rent Roll dated within 30 days of final submission (certified by Borrower)
   
3. Financial Statement for principal showing assets and liabilities
   
4. List of capital improvements, including costs, added to project in the last 3 years (certified)
   
5. Last 3 months of property's bank account statements
   
6. Real estate tax bills for last year, including evidence of payment
   
7. Bills from all utility companies, 3 months
   
8. Property insurance bills for the last 2 years, including evidence of payment

9. Copy of current Insurance Policy (with new endorsements and paid bill)
   
10. Copies of any service contracts, including but not limited to: trash collection, landscaping, elevator, boiler
    
11. Copies of all Licenses and Permits (boiler, underground storage tanks, elevator permit, etc.)
    
12. Management Agreement (if none, letter from owner stating such)
    
13. Mortgagor entity organizational documents (Partnership agreement with amendments)
    
14. Copy of Certificate of Occupancy
    
15. Copy of existing survey (update on Lender's form to be provided prior to closing)
    
16. Evidence of applicant's ownership, with legal description (Deed or Contract)