Listed below are the basic items needed to start processing your Apartment/Commercial Loan.

Items Needed for Initial Quote:

• Current Rent Roll (Apartment or Commercial Property) or Lease Summary
• Income and Expense Statement
• Last 24 months Profit and Loss (or applicable tax schedule)
• Individual Financial Statement or Loan Application (Form 1003)
• Old appraisal or current digital photos (if available)

Additional Items Needed upon Submission

• Schedule of Real Estate Owned (if applicable)
• Request for Copy of Tax Return (Form 4506), Mortgage Loan Origination Agreement, Cash Out Refinance Purpose Letter (if applicable)
• Two most recent pay stubs
• Most recent two years 1040 Tax Returns, Corporate, or Partnership tax returns with all schedules including W-2s and K-1s
• Most recent two years 1099s (if applicable)
• Most recent three months Bank, IRA or Security statements
• Most current Retirement Income statements
• Most recent Mortgage statement for subject property (if applicable)
• Accommodator statement (if down payment funds are coming from a 1031 exchange)
• Formation documents (if title is or will be held in an entity)
• Copy of purchase contract (if applicable)
• Copy of Alien Registration Card (if applicable)

* Your loan officer may request additional documentation depending on your unique situation.