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Updated over 7 years ago,
Lender Package for Obtaining a Loan
Hi All - I am going to meet with a couple local banks and credit unions next week. I am in the process of creating a package to give them so I can look as professional as possible. My partner and I are looking to refinance a couple properties and find a good lender we can continually use to do the BRRRR strategy with. Currently my package includes the partners resumes, company and personal schedule of real estate, company and personal tax returns for past three years. I was thinking about giving a couple examples of what we do, how much we have bought them for, rehab costs, appraised value at refinance, and rent amounts to give the lender an idea of what we do, should I include this? Is there anything else I should include?