Loans for Commercial and Multi-Unit Properties in Sarasota Florida

Mortgage and Lending

Loans for Commercial and Multi-Unit Properties in Sarasota Florida

The process for obtaining a Commercial Loan begins with the entry of an EXECUTIVE SUMMERY FORM.

Tampa Business District

 The form covers several important areas of information that are used to conduct a search of available lenders and their Rate and Terms for a particular loan type.

1) Contact Information

2) Property Description

3) Additional Collateral

4) Borrowers Desired Loan Terms

5) Personal Information Via Resumes, 1003's and Financial Statements for all borrowers

6) If it is income producing then a Rent Roll or Profit and Loss Statement is needed

7) Credit Files all borrowers

8) Property Appraisal

9) Use of Funds Statement

10) Transaction Description and Exit strategy


Posted by

Jim Poole

Senior Loan Officer NMLS #351358

813.205.7958 Mobile 



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Jim Poole

Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
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