How does closing with Seller Financing work?

[Robert Malcolm]

Hi, I am seeking advice/insight from an investor or agent who has been through a commercial real estate closing with seller financing. I am anticipating closing on my first seller financed property soon. I have a lender in first position (75% LTV) the seller will be financing (20% LTV) and I am contributing 5% LTV + closing costs. I have not been through a closing with seller financing yet so I am wondering how it will go if the lender sees in the Purchase and Sale agreement that I have seller financing and how the wiring of the money will work. Any insight or private message helps. Thanks in advance.