Our Commercial Mortgage Lending Process
AmVest Capital is a customer-friendly commercial mortgage loan brokerage staffed with associates who are highly skilled in the commercial real estate finance business thus making the loan approval process seamless.
If the loan proposal meets preliminary guidelines, AmVest will issue up to 3 term sheets, detailing the proposed commercial loan structures. We then help the bank, customer or both choose the appropriate structure that would be most beneficial. AmVest Capital will then issue a more detailed Application Agreement to include all fees, closing costs and more importantly, loan closing timelines. Once accepted, the commercial loan is fully underwritten for loan approval. Documents to close follow shortly after approval. Total funding time from preliminary review to funding is approximately 45 to 60 days.
You've seen how AmVest Capital works. Now here’s a brief overview of how our process works.
- AmVest and bank review Non-Disclosure Non-Compete agreements which protects bank and customer
- Submit preliminary information for pre-review
- Executive Summary including current debt balance or purchase contract
- Income and Expense Statements for 2 years and year to date
- Current rent roll
- Property photos
- Borrower's personal financial statement
- AmVest issues up to 3 Term Sheets
- Choose one and move to Application Agreement stage
- Third Party Reports are ordered and loan sent for final approval
- Final approval issued, loan documents follow shortly
- Loan funding $$$
Contact AmVest Capital to get started on your commercial property loan!
