What Borrowers Want to Know

What We Generally Look For

• Investment properties located in the stated service area
• A clear purchase, renovation, refinance, or investment plan
• A realistic property valuation and project budget
• A defined repayment or exit strategy
• Adequate borrower liquidity and project reserves
• Business-purpose borrowing through an eligible entity where required
• Complete and accurate documentation

Compare more than the interest rate: two loans with different rates may have different total costs. Compare the rate, points, minimum interest, lender fees, draw requirements, extension terms, closing conditions, and expected holding period before choosing a financing option.