Multifamily Loan Sizing Made Easy
Please follow the steps below to complete the process:
Thanks for the opportunity to work with you on your loan request. Below is a summary of the items we will need to size up your loan request and work towards a term sheet.
Items needed for Letter of Interest (LOI) Submission
- 2018 and 2019 Year-end Operating Expense Statements. If you have your 2020 Statement, supply that, too.
- T12 (Trailing 12-month P&L)
- Current Rent Roll
- Personal Financial Statement – Template attached (each sponsor to complete)
- Schedule of Real Estate Owned
- OM “offering memorandum” or “marketing brochure
- Pictures of subject property if you do not have an OM or “marketing brochure”
- If this is a value-add deal, a 5-year proforma is helpful showing lease-up
If you need a Personal Financial Statement template, you can use this one.
Once we get your information processed, we will determine the best funding options and send a registration letter for you to sign. From there we will submit for initial terms from our lending platform.