¤ Commerical Mortgage Check List
Get it all together
- A complete description of the property and the surrounding area
- Your business plan, business history, and future plans
- The purpose of the credit, how much is needed, and the term desired
- Your business experience, credit history, collateral, and ability to repay the loan
- A brief history of your business
- A summary of the company's management structure
- A year-to-date business profit and loss statement
- Current balance sheet for the business
- A personal financial statement dated within 90 days of the request
- Complete tax returns (personal and corporate) for the past two years
- A loan application
- And a budget for this investment

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