Full Document Loans

(401) 525-6544

CONVENTIONAL MORTGAGES

A Commercial Mortgage is for financing commercial buildings and rental property of 5 units or more and offer high Loan-to-Values and competitive rates.

Below is our package list for Full Documents loans.

  • 1. Executive Summary
  • 2. Copy of Purchase Agreement (if applicable)
  • 3. Copy of Appraisal (if applicable and available)
  • 4. Fully executed 1003 on all borrowers
  • 5. Tri-merge credit reports on all borrowers
  • 6. Three years' tax returns on all borrowers, both individual and business
  • 7. Year to Date Financial Statements
  • 8. Preliminary Title Information
  • 9. Live CURRENT, COLOR Photos, front, rear, inside and street scene of subject property. REMEMBER, WE ARE TRYING TO CONVINCE UNDERWRITERS THAT THIS IS A TERRIFIC PROPERTY AND WE NEED TO SEE IT IN THE BEST POSSIBLE LIGHT!

IF INCOME PRODUCING PROPERTY ADD:

  • 10. Bank statement year to date from latest tax return filed, both personal and business on all borrowers
  • 11. Copy of Leases
  • 12. Rent roll
  • 13. Current Operating Statement from borrower's or seller's tax returns
  • 14. Past two years' Schedule Es or Schedule Cs if owner occupied for subject property
  • 15. We look forward to being of service to you

We will need an original and copy package with a set of photos!

Do not submit via fax! We need your package via mail!

Do not send anything until you send the complete package!

 

TAKE ADVANTAGE OF OUR FREE PROJECT ANALYSIS TODAY

 Winthrop Real Estate Solutions, LLC 
1240 Pawtucket Ave, Rumford, RI 02916

  Howard L. Weldon

(Direct) 401-525-6544
 (Fax) 888-679-0773
   hweldon301@msn.com

 

Ewa S. Slusarek                                     William C. Bryson

(Direct) 401-921-6268                                                (Direct) 401-487-2280
(Fax) 401-463-0164                                                    (Fax) 888-679-0773
      ewaslusarek@aol.com                                               wbryson2280@gmail.com