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Property Information | |
Tenant Information | |
Cash Flow Information | |
Desired Loan Terms
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Approximate Property Value
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Date Acquired and Purchase Price
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Existing Debt -- Amount, Type, Due Date
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Actual and Effective Age (if major
improvements or rehabilitation performed.)
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Type of Construction (Concrete Tilt-Up,
Steel, Wood Frame & Stucco, Etc. -- Should include roofing material,
presence of elevators, and any amenities.)
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Square Footage - Gross & Rentable
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Present/Intended and/or Potential Usage
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Location -- Actual Address, Neighborhood
Characteristics, Location Map if available
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Environmental Concerns -- Previous Usage
(underground storage tanks?, location abnormalities, flood zones?) Any
previous environmental studies conducted?
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Miscellaneous Factors -- Parking
facilities, ingress and egress, other pertinent transportation factors
(depending upon property type/usage)
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Photos, if available. 35MM or Digital
preferred, but even Polaroids would be helpful
Tenant
Information:
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Rent Rolls -- Actual rents per occupant --
Current and Prior Two Months
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Lease terms and conditions -- Length,
concessions, type
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Occupant make-up: For Commercial
Properties -- Business specialties, square footage per individual occupant,
etc.. For Apartments -- Number of 1, 2 and 3 BR Units/Number of Baths, and
Corresponding Square Footage's
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For Hotels and Motels: Average Daily Room
Rates and Average Occupancy Rates -- Present and Historical
Cash Flow
Information:
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Year-to-Date Income and Expense Statement
and Budget
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Previous Three Years Income and Expense
Statements
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Personal Financial Statements on the
Principal(s)
Desired Loan
Terms:
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Interest Rate
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Amortization Length and Acceptable Due
Date
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Point Structure
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Total Loan Amount Required
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Approximate Loan To Value
Any additional pertinent information to
clarify the project nature and loan request.
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