What items should I collect from the borrower to help the underwriting process?

Depending on the loan and property type the required documentation will vary slightly. In general these are the typical items that we will ask for:

  • Purchase agreement
  • current mortgage statement
  • payoff demand
  • financial statements detailing the NOI of the property
  • lease agreements
  • rent rolls
  • Phase I environmental report
  • Appraisal
  • recent bank statement
  • taxes returns.

To see a full list of documents for your hard money loan application, click here

By |2018-05-16T17:25:26+00:00April 3rd, 2018|
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