SAMPLE DUE-DILIGENCE CHECKLIST

Be prepared to provide the following documentation:

_______Personal financial statement and schedule of real estate owned for each principal borrower

_______Tax returns for previous two years of borrowing entity and/or each principal borrower

_______Principal certified current income and expense statement for the property

_______Principal certified current rent roll

_______Principal certified list of capital improvements performed within the last two years (include dollar amount and completion date)

______Copies of all leases

______Existing mortgage loan information

______Copy of recent utility statements, such as tax, water and sewer, and insurance bills

______Certificate of occupancy

______Individual and borrowing entity litigation certification

______Bank and Credit Reference

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