Loan Forms (Let's Get Started)
Although we would love to say YES and help you get to your end goal, we need to know a little bit more about you. If you are a broker or making a referral please complete the BRM Loan Request Form. If you are a borrower please complete the 1003 - Commercial Application. Please feel free to download the forms and when you are done filling them out email them to: info@my-brm.com or your BRM Advisor. You can also fax them to 347-332-1180. If you have any questions please don't hesitate to contact us.
For Stated/Low Documentation Loan requests the following will be needed:
Properties held in personal name:
- 1003 Commercial App
- Rent Roll
- Personal Financial Statement for all Owners
- Contract of sale
- Operating statement
- Copies of leases
- Environmental questionnaire (if applicable)
- No tax returns ever needed
Properties held in entity, ie.) Corp., LLP., LLC., etc..
- 1003 Commercial App
- Rent Roll
- Personal Financial Statement for all Owners
- Contract of sale
- Operating Agreement
- Corporation Document(s)
- Copies of leases
- Environmental questionnaire (if applicable)
- No tax returns ever needed
For Traditional Commercial Loan requests the following will be needed:
Corporations & Partnerships
- 1003 Commercial App
- BRM Loan Request Form
- Business Tax Returns - Last three fiscal years (Federal only including all schedules and K-1’s)
- Business Tax Returns - Last three fiscal years for all business entities in which you own 25% or more
- Commercial Property to be purchased (subject property address)
- Contract of sale
- Operating statement
- Rent rolls
- Copies of leases
- Environmental questionnaire
Individuals (Business Owners)
- Personal Tax Returns for each principal owner over 25% - Last three years (Federal only), including all schedules and K-1’s
- Personal Financial Statement for all Owners
BRM Loan Request form
This is filed out by broker/referrers
1003 - cOMMERCIAL APPLICATION
Borrowers must fill this out
Personal Financial Statement (PFS)
Borrowers must fill this out
RENT ROLL - INCOME & eXPENSE sTATEMENT
Borrowers must fill this out
cREDIT REPORT aUTHORIZATION fORM
Borrowers must fill this out