The following documents are needed to process the Commercial Mortgage Application.
Complete Application/ File
If refinance then letter for purpose of refinance
Letter of any delinquencies
Clean copy of Driver’s Licenses of all borrowers
Copy of Agreement of Sale if it is a Purchase and copy of cancelled check for deposit.
Articles of Incorporation
Document showing company in good standing
If refinance, copy of monthly mortgage statement, Real Estate Taxes and commercial Insurance.
INCOME & ASSETS DOCUMENTS:
If employed then last 2 pay-stubs
2018-2019 W2’s for all the Jobs worked
If self-employed then 2018-2019 complete Corporate and Personal Tax Returns. (All pages and
Year to date Profit and Loss Statements & Balance Sheet
Personal Financial Statements of all Borrowers
If investment or Rentals, Copy of all leases and should be mentioned on Yearly Taxes.
Last 3 months of Bank Statements for Personal and Business.
A check or Credit Card of $75.00 (Personal Credit) per person and $399.00 (Business Credit). All
initial fees are Non-refundable.