PRELIMINARY SUBMISSION PACKAGE: Include the following in your request for a loan quote:

1.      Property description including amenities and location map

2.      Number of units with breakdown of unit type, paid parking, current market rents

3.      Current rent roll

4.      Operating history – prior 3 years, if available

5.      Year to Date and Budget for 2010

6.      Proforma next 12 Months including other income

7.      Existing Debt and prepayment terms

8.      Owner / Manager / Developer - resume

9.      Owner Liquidity and Net worth, include 401(k) investments in liquidity but not all will count.
(Six months debt service of liquid assets requited for FNMA)

10.    Exterior and Interior Photographs

11.    Loan request - Purchase Price if within three years
KENDALL REALTY ADVISORS LLC

LOAN QUOTE CHECKLIST
FNMA, FREDDIE MAC, FHA 223(F)
FNMA SMALL APARTMENT
Kendall Realty Advisors LLC
847-903-7578
WWW.KENDALLREALTYADVISORS.COM

kendallrealty@gmail.com