Properties in Massachusetts and New Hampshire

Loan Application

Once your project is under agreement:

Fill out this application

Email to us with your signed contract, either the signed Offer to Purchase or the Purchase & Sale Agreement.  If the documents are not yet fully executed but are in process, send the unsigned version.  (Note:  it must be in the name of your entity, or the seller must be willing to modify the contract to close in the name of your entity.)

If your project is not yet under agreement but you are looking for loan approval click here.

Review and site visit

Initial review will take 1-3 days and we will schedule a site visit.  You must be present at the site visit.

Closing

Subject to satisfactory site visit, a term sheet will be issued, and upon acceptance, the file will be sent to the closing attorney.  You will then provide the following documents:

Declaration of Commercial Use

W-9 for both the entity, and for you and your partners personally.  Be sure to indicate the tax status of the entity on the W-9

Evidence of Insurance (you will receive instructions)

You must close with our attorney, this process averages 2 weeks but can vary according to complexity of title and seller cooperation.

If this schedule doesn’t fit with your projected closing date, call us at 800-418-0081

Loans made to entities only – no owner occupied