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.