List of items required to begin the Buyer Prequalification Certification Process:
- 3 Bureau Credit Report for each principal
- Commercial Loan Application
- Verifiable Proof of Assets to be applied to down payment and reserves i.e.
- Checking, Savings, and Investment Statements, 401k/IRA Statements, three (3) years borrower’s personal tax returns
- Resumes for all principals
- Borrower’s Financial Statement/s
- Borrower’s Credit Report/s
- Proof of Identity – Passport or Driver License (Both Sides)
All Rights Reserved ©Richard K. Newman