Multifamily Loan Process & Checklist

Lima One Capital provides investors industry leading financing for Multifamily. Want to know how it works? Below is an outline of the Multifamily process and a document checklist to help guide you though the process.

STEP 1

Complete Our Online Submission

Complete our easy, online application to get started. Once submitted, a program analyst will be in contact shortly to begin Step 2.

Click here to go to our application.

STEP 2

Submit Your Files

Upon pre-approval, you will be provided with a checklist of all documentation that will need to be collected prior to closing.

STEP 3

Inspection and Appraisal

Property inspection, environmental inspection, and appraisal are completed.  You’re clear to close.

STEP 4

Closing

Your project is funded!

Multifamily Checklist

Tax Returns
Most recent 2 year’s tax return
Bank Statements
Proof of assets to show required down payment amount and reserves requirements
Entity Information
All documentation associated with your business entity (LLC/Corp/LP)
Photo ID
A copy of your photo ID
Property Documentation
All documentation associated with the property such as purchase agreement, rent roll, operating statements, etc.

*Upon pre-approval, you will be provided with a detailed checklist of all documents that will need to be collected prior to closing.

Lima One Capital, LLC. NMLS ID # 1324403, 201 E. McBee Ave. Suite 300. Greenville, SC 29601. Lima One Capital, LLC is not currently licensed in AK, ID, ND, NV, SD, UT or VT. Lima One Capital, LLC is licensed or exempt from licensing in all other states. Minnesota: This is not an offer to enter into an agreement. Any such offer may only be made in accordance with the requirements of Minn. Stat. §47.206(3). Lima One Capital, LLC is licensed in Arizona as a Mortgage Broker (License No. MB-0936439) and Mortgage Banker (License No. 949706). Lima One Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight (License No. 60DBO-45834). Lima One Capital, LLC is licensed in Florida as a Mortgage Lender (License No. MLD1555) and Mortgage Servicer (License No. MLD1662). Lima One Capital, LLC is licensed in Oregon as a Mortgage Lender (License No. ML-5397). Annual percentage rate may be increased after fixed-rate period expires. Loans are subject to additional underwriting criteria.
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