NNN, STNL, Retail, Mixed Use Commercial Real Estate Loans
NNN, STNL, MALL,
MIXED USE COMMERCIAL purchase or bridge loan documents
checklist.
This list is just a guide for you to use so you can get
documents ready.
For initial
submission we only require the Application,
PFS and
a tri-merge
for borrower.
a.
Environmental Report for subject property;
b.
Bank statements reflecting sufficient liquidity to
close;
c.
Property purchase questionnaire for subject property;
d.
Duly executed purchase contract with sufficient time to
close;
e.
Property Structural Disclosure Form for subject property
state;
f.
Current Rent Roll on our xls template, signed;
g.
Copy of all leases to match rent roll;
h.
Interior and exterior digital pictures of subject
property;
i.
Three years Income and Expense statement and YTD for
subject property on our xls template, signed by seller
and buyer(s).;
j.
Borrower(s) resume;
k.
Borrowers owning 20% or more of subject company to have
a minimum credit score of at least 680 for best rates;
l.
Three year tax returns on all principals owning 20% or
more of subject property;
m.
Current Personal Financial Statement for all principals
owning 20% or more of subject property
n.
List of any significant property improvements performed
during the last several years;
o.
Loan must have a minimum debt service coverage - please
state current ratio.
p.
Borrower credit signature authorization.pdf
q:
SREO on our template
r:
Any additional information as required by Underwriting
will be requested;
Our
forms and templates for purchase and bridge loans:
Borrower
credit signature authorization
NNN
STNL MALL MIXED USE Loan Submission Form
Operating
Statement Income Expenses Report
Personal
Financial Statement
Property
Purchase Questionnaire
Rent Roll
SREO
NOTE: For re-fi
and/or cash out only submit the following for
pre-qualification:
Property Type
Location city /
state
Approximate current
value
Re-fi or cash out
amount desired
Three years
financials - I&E,P&L
Full contact
information
You will be
contacted with request for further information and
documentation
Submit documents to
submit@michaellewisgroup.com or send us a drop box link
via email for all completed documents.
Contact
Us
We offer access to a variety of permanent and construction financing options to suit most client needs.
We can facilitate commercial real estate bridge loans
from $500,000 to $50,000,000 as well as acquisition
& refinance loans to $500,000,000.
Acquisition loans for single properties or entire
portfolios from $250,000 to $500,000,000 for
U.S.A. commercial real estate. We can facilitate loans
for non- U.S.A. residents in most situations.
Refinance loans for obtaining a lower interest rate and / or to leverage equity in your property to get "cash out" for property improvements or other purposes.
