A Quality Loan Proposals Is Essential To Getting Your Proposals
Reviewed And Considered!
Today's Lenders look for quality packages and quality people!
"Exceptional Terms Require Exceptional Packaging"!
80 Percent Of All The Commercial Loans We Received Are Never Given The Serious Consideration They Deserve, Because They Are Improperly Prepared And Lack Essential Data, And The Borrowers Are Not Even Aware Of This!
As Commercial Financiers, with over 30 years of experience, and over $800 Million in commercial loans behind us, we know what it takes to secure small and large commercial loans.
We receive hundreds of loan request each year from Investors, Developers and Business owners. And many of those proposals are never considered and are dead on arrival because they all lack the first essential component for financing consideration, such as:
1. They lack the proper format.
2. They do not contain essential key information.
3. They contain excessive attachments.
4. They lack supporting documentation.
5. The borrowers omit information about themselves.
6. There is no formal request for financing.
“He who fails to plan is planning to fail.”
— Winston Churchill
These borrowers think that Commercial Lenders think as they do. Focusing mainly on values and cap rates as they do.
The truth is, Lenders have a completely different perspective than Borrowers do. Most Borrowers are unaware of this.
Sure values and cap rates are important factors, but they are not the most important factors. As one Lender stated:
"We loan money to people, not to properties. A bad actor can make a good deal bad."
In other words, a Lender can approve your project for funding but disapprove you! It happens!
Your loan package if the first representation of you that any lender will see. It will either impress them and drawn them in, or it will depress them and push them away. It represents you! Your package will either get their attention or it won't.
Look at it this way. Your package has the same purpose that a resume does for a job applicant. That purpose is to be read
and to be considered. If it's weak or incomplete there will be no response. If it's tight and right, you'll receive a prompt response. If it's weak, there will be no response.
You only have one chance to make a good first impression. It's worth the time and the effort.
The KEY Underwriting Elements
All Proposals Are Rated On!
Investment - This is very important when seeking financing above 80% LTV. This is where you structure your proposal strategically and intentionally.
2. Management Team - Managers bring value to the project.
3. Deal Preparation -The quality of your package reflects how much effort or lack of effort you have placed on deal preparation.
4. Sustainable Model - Is your business plan strong enough to be scaled and to survive market shifts.
5. Assets Valuation - What methods are you using.
6. Competitive Advantage - This is a benefit that delivers real value in an investment decision. What is different and unique about you and your project? What impact will COVID 19 have on your project?
10 Reasons Why You Should Have Your Commercial
Loans Professionally Packaged Or Pre-Underwritten?
1. You only have one chance to make a first impression. Make it count.
2.It identifies you as a serious and exceptional borrower.
3.It makes it easier and faster for the Lender to evaluate your proposal
4.It illustrates and displays your attention to detail.
5. It highlights and showcases your strengths.
6. It enhances your negotiating position with the Lender and opens constructive dialogues.
7. It gives you and opportunity to see and correct any weakness in your proposal.
8. It can be used to negotiate a better price with the Seller.
9. It can be presented to any Lending Intuition for pre-approvals
10. It is underwritten and prepared according to the Commercial Mortgage Securities Underwriting deadlines.
When Should You Have Your
Project Professionally Packaged?
Because we understand the importance of having a professional loan package, we now offer this as a premium service.
To that end, we now offer 2 loan packaging services.
Here's What We Will Provide!
- 12 Page Report
- Cover Page
- Letter Of Introduction
- Executive Summary
- Property Analysis
- Building Analysis
- Cash Flow Analysis
- Property Photos
- Rent Roll Report
- Underwriter Comments And Recommendations
Frequently Asked Questions:
Our standard delivery time for both packages is 10 Business days. We also have express options should you need your report sooner. Contact us here should you have a need for an earlier time.
No one can guarantee a loan approval. Anyone that does is simply not being honest and truthful with you.
We can guarantee that your package will be accepted by any credible lending institution public or private.
Your purchase includes 2 additional FREE reports within a 3 month period specifically for this purpose.
We will prepare 2 additional reports for you at zero cost if needed. Simply notify us and begin locating your next project within the 3 month period and submit it to us.
We will package it at ZERO cost without any strings attached.
Once your report is prepared, we will go through it with you and make recommendations and suggestions on things you may want to add, remove or consider.
We can also assist you with and in negotiating with your Sellers or Lenders If Needed?
1. You can submit your package to any commercial or institutional funder.
2. You can use is to show potential partners your project.
3. You can use it to get your project pre approved.
4. It can be used to negotiate lower prices with your Sellers.
Because we are providing a customized service, we can not offer refunds after the loan packages have been completed. We do offer a 24 hour right to cancel or to resend your order.
After the initial 24 hour period, this becomes a non refundable transaction.
We guarantee that your loan package will be packaged according to the CMSA underwriting Guidelines and will be accepted by any Lending Institution. We can not and do promise or guarantee any approvals based on having purchased this service.
The Two Package Option
Request up To 80% LTV
Basic LOAN PACKAGE
Professional Loan Package
Request Above 80% LTV
Pro Package Plus
Professional Loan package and Pre-Underwriting
We stand behind our products and your satisfaction with them is important to us. However, because our products are digital goods delivered via Internet download, we generally offer no refunds.
If you change your mind about your purchase and you have not downloaded our product, we will happily issue you a refund upon your request.