Loan Forms

As you obtain your commercial mortgage up to $5M, lenders will use a variety of forms to understand your borrowing needs, credit, and intentions with the property. Below are descriptions and/or templates of some of the forms and documents you will encounter throughout the process of choosing and closing your loan.

Cash flow
A cash flow statement shows how changes in balance sheet accounts and income affect cash and cash equivalents. It also breaks the analysis down to the operating, investing, and financing activities or you (the Borrower) or your business.

Rent roll
The rent roll provides a snapshot of the recurring revenue coming into the property through rent payments every month. The rent roll will state the start and end date of each tenant’s obligation to pay rent, per the terms of their leases. It will also include key data points such as market rate of the units rented (versus what is actually paid), amounts of tenant deposits, who is behind on rent, and so on.

Your application form will require you to provide personal information (name, address, etc.) as well as information on the amount of capital requested, desired loan term requested, the purpose of the mortgage, and more.


Feasibility Analysis
A feasibility analysis helps lenders assess the overall loan expectations by understanding more about the project, concept, building, and financial assumptions/projections for your plans with a commercial investment property.

This checklist details all necessary loan documents needed to finance a multifamily property.

Term Sheet
Once the lender has completed underwriting, you will receive a term sheet – also known as a conditional commitment letter, a proposal letter or a good faith letter – providing a good faith estimate of the eventual loan terms. A term sheet is not a binding legal agreement, but generally means that the loan is going to be approved once the property appraises for the appropriate value.


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