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  • Qualification and Pre-Approval

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Step 2: Qualification and Pre-Approval

Once your requirements are received, your Commercial Loan Specialist will contact you to discuss your needs, determine the appropriate lending solution for you, and help you complete our simple loan application. Once your application is submitted, a written Conditional Pre-approval Letter will be issued within 48 hours, specifying:
  • Loan amount
  • Interest rate
  • Documents required for underwriting
  • Documents required for closing
  • Estimated fee for Appraisal

Send supporting documents. Your Commercial Loan Specialist will determine what documents based on your loan program are needed to process your commercial loan. These may include bank statements, tax returns, pay stubs, rent rolls and operating statements.

Next Step: When you complete the Qualification and Pre-Approval step, your commercial loan request will move on to Step 3: Parallel Processing

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