Entity documents

- Articles of Incorporation/Organization

- Operating or Partnership Agreement

- EIN letter from IRS

- Certificate of Good Standing

Schedule of REO

2 months bank statements - show downpayment and any reserves

Copy of lease & rent rolls (if vacant, use market rents)

Property Documents:

- Purchase Contract (if a purchase)

- Operating Statements (last 24 months)

- Environmental Report (if applicable)

- Property Condition Report (if required)

- Survey

Including YTD Profit & Loss Statement and Balance Sheet

2 most recent consecutive bank statements for all accounts. If you are doing a Bank Statement Loan, then we need most recent 12 months of Business Bank Statements and Personal Bank Statements.

2 to 3 years for each guarantor plus 2 to 3 years for the entity, all schedules

Articles of Incorporation/Organization

Operating or Partnership Agreement

EIN letter from IRS

Certificate of Good Standing

All real estate owned by entity and guarantors, including mortgage statements, hazard insurance statements, property tax statements, and HOA statements (if applicable)

Purchase Contract

Rent Roll

Operating Statements (last 24 months)

Environmental Report

Property Condition Report (if required)

Survey

Detailed summary of the loan request

3 years business tax returns

Year-to-Date P&L and balance sheet

3 years personal tax returns

Borrower information/Resume

Personal financial statement

Business debt schedule

Credit authorization completed & signed for soft pull

Last 2 months of business bank statements

Address of the property

Is the business owned 100% by a U.S. Citizen(s) or ITIN holders?

If no ITIN, then we need passport from your home country and documentation of your current address, such as an utility bill or lease agreement. We can do DSCR loans (both purchase and refinance) for Foreign Nationals living in the U.S. and Foreign Investors who live abroad.