Full Documentation Page

Commercial Funding's Mortgage Application (or 1003)
Commercial Funding's Loan Supplemental Form
Income & Expense (operating history) for prior 24 months.
Current Rent Roll (Multifamily) or Lease Summary (Commercial)
Purchase and Sale Agreement (for purchases)
As many Photos as possible including front, and/or side, rear, parking and street scenes (electronic photos are preferred)
Copy of a Tri-merged credit report, or authorization of Applicants to conduct credit check authorization
Signed form 4506 authorization to conduct a Tax Verification Report

NOTE: Preliminary Title, Escrow Instructions & Purchase Agreement are required to order appraisal after acceptance of a Conditional Pre-Approval.

All forms available at Loan Form Page or by request, via email at: inquiries@commercialfunding.com

ADDITIONAL DOCUMENTS REQUIRED FOR COMPLETE UNDERWRITING

General Documentation:

Signed Conditional Loan Pre-approval and Application Fee
Current Rent Roll certified by the borrower
Past 2 years and YTD operating statements for subject property
Color photos of property
Current Real Estate Tax Bills
Certificate of Occupancy
Completed Environmental questionnaire and any recent environmental reports for the subject property
Proof of insurance (hazard, liability and business interruption) with Lender as loss payee, additional insured and mortgage
2 months most recent bank statements and verification of funds to close

For Refinances:

Last 12 months payment history, including the terms for mortgage(s) being satisfied
Payoff letter(s) for mortgage(s) being satisfied
For Self Employed Borrowers, Owner Occupied
Properties and / or if Borrower is a Business Entity:
- Last 2 years and YTD financial statements for the business entity
- Last 2 years complete, signed IRS tax returns for the business entity

For all Individual Borrowers and Guarantors:

Last 2 years personal signed IRS tax returns
For credit scores 700 and above, 1 year W-2/1099; for credit scores lower than 700, 2 years W-2/1099
- Most recent pay stub, dated within 30 days

For Business Entities as Borrowers:

Organizational documents
If property is located outside the borrowing entity's state of incorporation or formation, a copy of authorization to do business in that state dated within 30 days of closing is required
Copies of occupational licenses, if applicable
Certificate of Good Standing, if applicable
Corporate Resolution permitting Borrower(s) to obtain debt on behalf of the business

For Investor Properties when Single Tenant is Related Entity to Borrower:

Last 2 years and YTD Financial Statements of tenant