DEAL SUBMISSION NEEDS LIST

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Consumer

FHA/Conventional/VA 

• 2 Years Personal Tax Returns with W2's
• Last 2 pay stubs
• Social Security award letter and pension (if applicable)
• Copy of Driver's License
• 2 Months Personal Bank Statements  (include all pages, even blank ones) 401K, Checking, Savings & Investment accounts.
• Current Mortgage Statement for all properties owned
•  Homeowner’s Insurance Policy for all properties owned
• Credit Authorization
• Purchase Contract (If Applicable)
• HOA statement, if applicable

Commercial

• Soft Quote - Owner User
  
  • Loan Request
  • 3 Years Personal and Business Tax Returns
  • Personal Financial Statement (PFS)
• Soft Quote - Investor
  
  • Loan Request
  • Rent Roll
  • Operating Statement
• LOI
  
  • 3 Years Personal and Business Tax Returns
  • Rent Roll
  • Operating Statement (Investor)
  • Interim Financial Statements
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Business Debt Schedule (Owner User) (BDS)
  • Credit Report
• Full Needs List
  
  • 3 Years Personal and Business Tax Returns
  • Rent Roll
  • Operating Statement (Investor)
  • Interim Financial Statements
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Business Debt Schedule (Owner User) (BDS)
  • Credit Authorization
  • Entity Documentation
  • Current Mortgage Statement (Refi)
  • Insurance Contact (EOI)
  • 3 Months Business and Personal Bank Statements
  • Copy of Driver's License
  • Purchase Contract (If Applicable)
  • Application
  • If Construction: Budget, Plans, Permits

DSCR

• Soft Quote
  
  • Loan Request
  • Rent Roll 
  • Operating Statement
  • Offering Memorandum if Purchase (OM)
• LOI
  
  • Loan Request
  • Rent Roll
  • Operating Statement
  • Offering Memorandum if Purchase (OM)
  • Personal Financial Statement (PFS)
  • Schedule Of Real Estate (SREO)
  • Trailing 12 Month Operating Statement (T12 Multifamily)
• Full Needs List
  
  • Trailing 12 Month Operating Statement (T12)
  • Copy Of Leases
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Credit Authorization
  • Entity Documentation
  • Current Mortgage Statement (If Refi)
  • Insurance Contact (EOI)
  • 3 Months Business and Personal Bank Statements
  • Copy of Driver's License
  • Purchase Contract (If Applicable)
  • Loan Request

Bridge

• LOI
  
  • Loan Request
  • Rent Roll&Operating Statement
  • Personal Financial Statement (PFS)
  • Schedule Of Real Estate (SREO)
• Full Needs List
  
  • Rent Roll/Operating Statement
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Credit Authorization or Report
  • Entity Documentation
  • Current Mortgage Statement (If Refi)
  • Insurance Contact (EOI)
  • 3 Months Business and Personal Bank Statements
  • Copy of Driver's License
  • Purchase Contract (If Applicable)

Construction

• LOI
  
  • Loan Request
  • Budget
  • Personal Financial Statement (PFS)
  • Schedule Of Real Estate (SREO)
• Full Needs List
  
  • Budget/Plans/Permits
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Credit Authorization or Report
  • Entity Documentation
  • Current Mortgage Statement (If Refi)
  • Insurance Contact (EOI)
  • 3 Months Business and Personal Bank Statements
  • Copy of Driver's License
  • Purchase Contract (If Applicable)

Downloadable Forms

• Background Authorization
• Business Debt Schedule
• Credit Authorization
• Loan Application
• Operating Statement - T12
• Personal Financial Statement - PFS
• Rent Roll
• Schedule of Real Estate - SREO
• Scope of Work