Commercial Loan Check List Apartments Shopping Center Office Buildings

Winston Rowe & Associates has prepared this article to provide guidance as it pertains to commercial mortgage applicants supporting documentation checklist for apartment buildings, office buildings, shopping center and hospitality. 248-246-2243.
 
 
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Subject:
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April 1, 2012 - PRLog -- Commercial Loan Check List Apartments Shopping Center Office Buildings

Winston Rowe & Associates has prepared this article to provide general guidance as it pertains to commercial mortgage applicants supporting documentation checklist for apartment buildings, office buildings, shopping center and hospitality.

To speak with a commercial real estate finance specialist you can contact Winston Rowe & Associates directly at 248-246-2243 or visit them on line at http://www.winstonrowe.com

General Supporting Documentation Used For Commercial Loans:

3 most recent years tax returns, personal and business
Extensions for any filings
3 months most recent bank statements, personal and business
Personal financial statements updated within last 60 days
Year-to-date business operating statements-
Year end business operating statements if business tax returns are on extension
Personal resume
Property management resume, or letter of credentials
Letter of explanation for any derogatory credit, including: slow pays charge-offs liens, judgments, child support, etc.
Schedule of real estate holdings
Subject property rent roll
Subject property leases
Subject property income and expense statements, including year end and year-to-date
Commercial Mortgage Loan Purchase Documentation
Valid purchase contract
Selling agent or individual contact information
Verification of escrows
Property insurance information
Title policy
Survey
Property insurance information

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

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Winston Rowe & Associates has prepared this article to provide general guidance as it pertains to commercial mortgage applicants supporting documentation checklist for apartment buildings, office buildings, shopping center and hospitality.
End
Source:Staff Writer
Email:***@winstonrowe.com Email Verified
Phone:248-246-2243
Zip:48082
Tags:Check List, Finance, Business, Banks, Mortgage, Money, Real Estate, No Upfront Fees, Commercial Loans, Commercial Lenders
Industry:Finance, Loans, Mortgage
Location:St. Clair Shores - Michigan - United States
Subject:Reports
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