Why Your Loan Package Matters
More Than You May Think!
73% Of All Commercial Loan Bank Applications Are
Never Viewed Or Given Any Serious Consideration..
Why You Should Have Your Deals Professionally Packaged!
Your package serves the same benefit and purpose as a resume. It’s your calling call and your is your first impression. A funder will look briefly at your loan package and will be picked up or pass over.
Un Professional Packages
- No Cover Page
- No Executive Summary
- Improperly Format
- Incomplete Company Information
- No Borrower Resume
- No Former Loan Request-Terms Desired
- Incomplete Property Data
- Incomplete Property Financial Data
- Outdated Operation Statement
- Multiple Files And Formats
- Difficult To Review
- No Project Summary
Professional Package Includes
- Cover Page Included
- Executive Summary
- Formatted According to CMSA Guidelines
- Detailed Company Profile
- Resume On Borrower
- Official request for financing terms
- Complete Property Data Summary
- Complete Financial property Financials
- Current Income and Expense Statements
- A single file with named after the project
- Single file: fast access to all the data
- Loan Detail report
- Underwriter comments and notes