Inn Financing

Prequalification Check List

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 © 2004 – 2021 Richard K. Newman