LTV to 65% *
Debt-to-Income Ratio: 1.1:1
Owner and Tenant Occupied

Property Types:

Office		Hospitality
Warehouse		Office or Industrial Condo
Retail		Self Storage

Typical Loan Package includes:

• Appraisal with copy of appraiser’s license and E&O insurance (AG or MAI).  Credit decision may be provided prior to receipt of appraisal
• Preliminary Report
• Loan Application/Financial Statement for each borrower
• Credit report for each borrower
• Copy of Lease(s)
• Rent roll with Tenant’s name, Suite No., monthly rent and termination date
• Federal income tax returns (personal and business) for past two years
• Year-to-Date Profit and Loss Statement
• Explanation of loan purpose and any significant derogatory credit items
• Purchase: Copy of purchase contract and addenda
• Organizational documents for business entity borrower

 *  Based upon the lesser of appraisal or purchase price (if applicable).

    Subject to lender approval of valuation.