One stop nationwide commercial mortgages

Commercial Mortgages

For all project submissions we need the following initial information

A complete Business plan and or Executive Summary
Projected revenue proforma of the project going out 5 years
The Use of Funds requested
Resume of the borrower with net worth
Exit Strategy

This will help us get started on your file and to determine if your request will fit with one our lenders. We will get a response to you with in 24 hours of receiving a loan request.

A Variety of Property Types:

Multifamily, Mixed-Use, Office, Retail, Gas Station, Industrial, Warehouse, Automotive, Church and Chapels, Restaurants - Night Clubs & Bars, Flagged Hotels, Motels, Bed & Breakfast, Rooming Homes, Day Care, Mobile Home Parks, Funeral homes, Healthcare, RV-Parks, Self Storage, & Land.

In general, the documents you may need include:

If this is a purchase, a copy of the purchase contract fully executed by all parties.
Last 3 years taxes business and personal, profit and loss, rent rolls, copy of any/all leases, last 3 months bank statements business & personal.
Copy of rent rolls, leases, and profit & loss for subject property only.
Borrower's recent financial statements both personal and corporate may apply.
We will take a commercial loan application
Proof of assets, other properties owned, stocks, bonds, cash, etc. This will make your application much stronger.
A commercial appraisal of the subject property. In most cases lender's will order an appraisal during the lender's due diligence period. This process can take from 2-4 weeks to complete. If there is a current appraisal, lenders may/may not accept at their sole discretion.
A land survey is needed.
An Environmental report may be required depending on the property type- Gas Station, Industrial, or vacant land. Some lenders will require an environmental questionnaire to be filled out, and depending on the answers or the appraisal outcome
Executive Lending Center Loan submission form.

This is a general list of what is needed to submit a commercial loan. Less documentation may be required depending on the actual submission loan criteria. All loans are unique, and you will receive a complete list of what is required to close your loan. This is intended as a guide to help you gather and/or be prepared fr the proper information and paperwork.

commercial loan questionnaire

By answering the questions below, we will an idea of what you are
trying to do. Please answer as many questions as possible. The more
we know, the faster we can help you.

This process can take up to 24 hours Monday through Friday 9:00AM
to 8:00PM Eastern Standard Time Zone. Most of the prequalifications
will be answered same day.

Thank you for your business!
Franz Kachele
President
Executive Lending Center Inc.

*Name:
*Email:
*Phone:
*Purchase or Refinance:
If refinance, cash out amount:
If purchase, are you under contract:
How much is down payment (3% - 50%):
*Type of property:
Describe property type, any special features:
*Property location with zip code, USA only:
*Loan amount:
*What is the value of the Property:
*Term 15 years - 30 years:
Terms 2,3,5,7, & 10 year ARM:
Interest only payment:
*what is your credit score:
Don't know credit score, bad, fair, good, perfect?:
*Is property investment or owner occupied:
If investment, how much vacancy:
If owner, type of business:
*Did you find us ? Yahoo, Google, MSN, Other? :
Additional coments :

Note: Fields with an * are required