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 Initial
Loan Request
Completed
loan application
Executive
Summary
Business
Plan
Borrower
credentials with copy of license, bond, insurance, Tax ID, R.F.C
(Mexico), title report,
appraisal, market sales & rent comparables. Demographic,
economic, tourism data on the area.
Property
description with color photos. Proposed
building, site, floor, map plans.
Copy
of project zoning law, land uses and permits. Third
party reports (feasibility, environmental, engineering, permits ...). Status
of utilities and access to property. If land leased, copy of lease.
Copy of
purchase
& sale, earnest money agreement, deed and
last tax bill.
Last
three (3) years: borrower's W-2, personal income tax and corporate financial statements.
Year-to-Date Profit & Loss, balance sheet statements.
Projected
Cash-Flow statement for the next 5 years.
Collateral
Sheet
Letter of
explanation with supporting documentation for any known credit problems
Financial Glossary
*
Subject to change
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