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Income
Loans
To complete the loan
application process, the following documentation must be provided to the
lender. This list is given as a guide to assist you in the process of
obtaining a loan, although requirements from lender to lender may differ
slightly. Colorado income will email you 3 top notch lenders, Who will be able to give you information in regards to your needs, and give you top notch service to get the best loan avaible to.
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Property
Information
Signed
sales contract
Current
building rent roll
Current
Income and Expense statement
Copies
of leases
Schedule
E's for the previous 2 years
Legal
description of property
Copy
of most recent real estate tax bill
Contact
person and phone #'s for appraisal
Borrower
Information
Completed
Uniform residential/commercial loan application
Earnest
money verification
Schedule
of real estate owned
Personal
income tax return (2 years)
Business
tax returns for previous 2 years, plus P&L (if applicable)
Credit
authorization form
Asset
and liablity information and/or bank statements (last 3 months)
Paycheck
stubs for last 30 days (if applicable)
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