Combined transactions of direct and syndicated funding, some examples includes loans that were acquired and/or assigned, have term sheets signed and/or issued, are credit committee approved or are funded.Figure presented includes all loans where term sheets are signed but some loans are not closed. Some images are a representation of subject property, signed term sheets are subject to change and may not be consummated.
Borrower and borrower's representative understands that document request must be satisfied within 48 business hours, should the borrower be delayed in supplying all necessary documents the closing date may be delayed due to no fault of lender.
Lender Deposit Disclosure:
As part of the loan application process, we will begin due diligence, engage our legal counsel and may commission an appraisal, environmental, structural, zoning, title, feasibility report, construction cost review and other surveys, inspections and reports. We will engage such firms to perform inspections and reports as we shall determine, Borrower to pay all transaction expenses including legal and 3Rd party fees and diligence. The borrower may pay a partial non-refundable due diligence deposit asper terms issued, which shall be applied towards expenses and Lender Fees at closing.
Owner Occupied loans:
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