Commercial Loan Programs
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Explore Commercial Loan Programs →COMMERCIAL LENDING RESOURCE
Commercial Loan Document Checklist: What to Prepare
Prepare a commercial loan request with the core property, financial, sponsor and project documents lenders commonly review.
In this guideStart with a concise deal summaryProperty documentsSponsor documentsConstruction and renovationEntity and closing documents
Start with a concise deal summary
A useful opening summary identifies the property, transaction, requested loan, current debt or purchase price, value, use of proceeds, sponsor, timing and exit strategy.
Property documents
Depending on the deal, useful property documents can include a purchase agreement, current rent roll, leases, trailing operating statements, current year-to-date financials, appraisal, property condition information and photos.
Sponsor documents
Lenders commonly request a personal financial statement, schedule of real estate owned, liquidity verification, credit authorization and a resume or track record showing relevant experience.
Construction and renovation
Projects with significant work should be prepared to provide detailed sources and uses, hard and soft cost budgets, plans, permits or permit status, contractor information, draw schedule and contingency.
Entity and closing documents
Borrowing entity documents, organizational information, title, insurance and other due-diligence items become important as a transaction advances. The exact list varies by lender and structure.
Important: Lending criteria, definitions and calculations can vary by lender and transaction. This page is educational and is not a commitment to lend or a statement that a specific transaction will qualify.
Related next steps
Compare commercial loan programs →
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RELATED FINANCING
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Use the concept on this page in the financing scenarios where it matters most, then submit the complete transaction for review.
Commercial Refinance
See how this underwriting concept connects to the program and transaction structure.
Explore Commercial Refinance →Commercial Construction Loans
See how this underwriting concept connects to the program and transaction structure.
Explore Commercial Construction Loans →Submit a Deal
Put the property, leverage, sponsor strength and exit strategy into one commercial loan intake.
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Turn the underwriting concepts into a real deal screen.
Send the property, request, sponsor profile, timing and exit strategy.