1. Executive Summary/Loan Request Overview
2. Sources and Uses of funds
3. Budget: cost/expense itemized total of construction
4. Projections for Rent Rolls, Occupancy Spreadsheet, and Leases
5. Projections, Performa, and/or Feasibility Study projected for five years
6. Architectural Plans
7. Permits and city building department approval letter
8. All renderings
9. Questionnaire: Multifamily Construction
10. Profit & Loss or Schedule E for subject property [three years previous and current year-to-date]
11. Profit & Loss for subject property: 12 months trailing
12. Articles of Incorporation
13. Personal Financial Statement or 1003
14. Schedule of Real Estate Owned: business and personal
15. Tax Returns: business and personal [three years previous]
16. Profit & Loss or Schedule E: for all business entities [three years previous, current, and current year-to-date]
17. Balance Sheet: for all business entities [three years previous and current year-to-date]
18. Pictures of subject property: interior and exterior color photographs
19. Resume or professional biography
20. Borrower Authorization
21. Credit Report
22. Title Officer contact information (Title & Property Profile)
23. Copy of Mortgage Statement and/or Note/Deed to be paid off
24. Bank Statements [three months previous] (or show equity infusion)
25. Cash Flow Worksheet: for global DSCR calculation [business and personal]
26. Appraisal (past appraisal of the property)
27. Management Company biography
28. Engineering Plans
29. Builder Contracts, Bids, Biography, and Recent Builder Letter to Project
Commercial Real Estate Lender
