LEARNING CENTRE
Prepare the property details.
A useful checklist for the first conversation and the lender’s review.
PREPARE FOR THE CONVERSATION
A useful starting checklist.
You can start before every document is ready. Share what you know and we’ll work out what’s needed next.
For our first conversation
- Property address, type and number of units
- Purchase price or estimated current value
- Current or expected rent, taxes, insurance and association dues
- Financing goal and target timeline
- Existing loan balance for a refinance; budget and projected value for renovations
As the lender reviews your file
Depending on the loan, the lender may request a purchase agreement, leases or rent roll, operating statements, proof of funds, existing loan statements and entity documents. Borrower identification and sensitive financial records should be provided through the lender’s secure process.
YOUR PROPERTY. YOUR PLAN.