Commercial Mortgage Broker - Loan Advisor - Commercial Loan Officer Jump Start Training Guide: 500+ Page, Step-by-Step guide to originating, processing, ... loans. (Commercial Loan Origination Book 1) by Mosley R.M

Author:Mosley, R.M. [Mosley, R.M.]
Language: eng
Format: epub
Publisher: ICSLoans Inc.
Published: 2018-11-13T16:00:00+00:00

Questions Your Lender Will Ask You

Forms vary by program and lending institution, but they all ask for the same information. You should be prepared to answer the following questions. It’s a good idea to have this information prepared before you fill out the application:

Why are you applying for this loan?

How will the loan proceeds be used?

What assets need to be purchased, and who are your suppliers?

What other business debt do you have, and who are your creditors?

Who are the members of your management team?

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