Are you looking to buy property as an office building, shopping center, apartment complex, or industrial warehouse? You may need to consider how a commercial loan can help you with your purchase before beginning the process.
Commercial loans are very different in comparison to the common home mortgage with which many people are familiar. Commercial loans are not backed by governmental entities, like residential mortgages. When you are ready to purchase or refinance a commercial property, you can count on the Jake Taylor Team for the best rates in the business.
Commercial lenders are extremely unpredictable and subject to change at any time. The key to success when it comes to commercial loans is having the right broker on your side. With my experience and knowledge in the industry, I will provide you with the expertise that you need.
In order to be accepted for a commercial loan, no matter the size of the property you are looking at, you must have access to all required documents. Before starting the application process, allow me to help you gather all the specific documents that pertain to your circumstances.
The Jake Taylor Team works for you on your terms. Our goal is to provide you with the assistance that you need so you can get the loan you desire. Contact me today to get started!
Commercial Loan Documentation Requirements:
- Current Personal Financial Statement for each owner/investor representing over 20% interest
- Most recent three (3) years of personal tax returns for each owner/investor
- Most recent three (3) years of financial statements on all investment properties being financed
- Current rent roll