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  • CH Capital - Fannie Mae Needs List For A Quote

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    This document provides a checklist of 11 preliminary items needed to request a loan quote for multi-family properties, including a property description, unit breakdown, rent rolls, operating history, year-to-date budget, 12-month pro forma, existing debt details, sponsor resume, owner liquidity and net worth, photographs, and trailing 12 months of bad debt, vacancy and concessions. The checklist is intended for loan quotes related to FNMA, Freddie Mac, and FHA 223(f) financing of small apartment properties from Capital Housing Finance.

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    CH Capital - Fannie Mae Needs List for a Quote

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    This document provides a checklist of 11 preliminary items needed to request a loan quote for multi-family properties, including a property description, unit breakdown, rent rolls, operating history, year-to-date budget, 12-month pro forma, existing debt details, sponsor resume, owner liquidity and net worth, photographs, and trailing 12 months of bad debt, vacancy and concessions. The checklist is intended for loan quotes related to FNMA, Freddie Mac, and FHA 223(f) financing of small apartment properties from Capital Housing Finance.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    13 views1 page

    CH Capital - Fannie Mae Needs List For A Quote

    Uploaded by

    sokcordell69
    This document provides a checklist of 11 preliminary items needed to request a loan quote for multi-family properties, including a property description, unit breakdown, rent rolls, operating history, year-to-date budget, 12-month pro forma, existing debt details, sponsor resume, owner liquidity and net worth, photographs, and trailing 12 months of bad debt, vacancy and concessions. The checklist is intended for loan quotes related to FNMA, Freddie Mac, and FHA 223(f) financing of small apartment properties from Capital Housing Finance.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Multi Family Needs List for a Quote LOAN QUOTE CHECKLIST FNMA, FREDDIE MAC, FHA 223(F) FNMA

    SMALL APARTMENT
    PRELIMINARY SUBMISSION PACKAGE: Include the following in your request for a loan quote: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Property description including amenities and location map Number of units with breakdown of unit type, paid parking, current market rents Current rent roll Operating history prior 3 years, if available Year to Date and Budget for 2010 Proforma next 12 Months including other income Existing Debt and prepayment terms Sponsor resume Owner Liquidity and Net worth, Do not included 401(k) investments in liquidity. (Six months debt service of liquid assets requited for FNMA) Exterior and Interior Photographs Loan request - Purchase Price if within three years Trailing 12 months Bad Debt, Vacancy, and Concession For more information contact: Sok H Cordell, Senior Managing Director 503-640-5200 or toll free 1-877-257-0865 sok@ch-capital.com

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