Frequently Asked Questions:


How long will the process take?

For a conventional loan it will generally take 45-60 days to close. For a bridge loan or stated income loan it can take as little as two weeks.


What documents will I need in order to get a term sheet from a lender?

For Conventional:

3 years of business and personal tax returns

Executive summary

Personal financial statement

Current rent roll

Pictures of property

Credit report


For a bridge or stated income loan:

1003 application

Credit authorization


What is the maximum loan to value I can borrow?

It will vary by loan program and property type. It can be up to 90% for some owner occupied SBA programs down to 60% for some bridge loan programs.


What is the minimum debt service coverage?

Most lenders require a minimum dscr of 1.2




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