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Multifamily Loan Registration Checklist
LOAN REGISTRATION DOCUMENT CHECKLIST
Date
Borrower/Guarantor Name
Property Address
City, ST Zip
Please Scan scan the items below, sign and send to:
faithfinancialgr@aol.com
OR
Send Hard copy to
Faith financial Group, Inc.
13376 Havelock Trail
Apple Valley Minnesota 55124
To better execute the
appraisal process, the
checked items on the
following list are provided in
PDF Format
Hard Copy Duplicate - If providing duplicate hard copies, please send them to the following address:
Faith Financial Group, Inc.
13376 Havelock Trail
Apple Valley MN 55124
New Loan Registration Workbook,
including
1. New Loan Registration Form
2. Borrower/Guarantor Certification & Authorization - Completed and Signed for all borrowers/guarantors
3. Form 4506-T - Completed and Signed for all borrowers/guarantors
4. Collateral Information Questionnaire - Completed and Signed for all borrowers/guarantors
5. Multifamily Rent Roll
**Please note: If the subject property is greater than 25 units (26+), the owner's computer generated rent roll may be used provided that it contains the following data (no hand written rent rolls will be accepted):
-Unit Numbers
-Lease Expiration or MTM
-Tenant Names (indicate if vacant)
-Rent Concession Details
-Rental Rate
-Bed/Bath count
-Occupance Date
-Furnished/non-furnished
-Unit Square Footage
-Section 8(y/n)
6. Income and Expense Statement for 2 years, plus year-to-date AND broker's analysis based on actual income - (Signed and Dated)
7. Capital Improvements Summary
8. Sales Contract/Purchase Agreement (for sale transactions only) or Escrow Agreement where customary
9. For Mixed-Use Property Only - Complete copies of all commercial unit leases
10. Minimum of 5 digital photos - include both interior & exterior shots
11. Request For Access to Public Records: published by the Division of Housing and Community Renewal of the State of New York Office of Rent Administration (State of New York Only)
12. Legible copy of drivers license for all borrowers/guarantors, if available
13. Registration Fee: Either provide a check or cash
Date Sent
contact form
-
Faith Financial Group, Inc
.
has been in the commercial industry for 39 years in Minnesota.
Commercial Sales
Commercial Finance
Apartment Loans
Multi-Family Loans
Price Listing
Multi-Family Loan Registration
Financial Services Agreement
Borrower’s Certification
IRS Form 4506-T
Collateral Information