How the Funding Review Process Works
1. Tell Us About the Deal
Every deal is a little different, but the basic process is straightforward. We start with the property, the transaction, the numbers, and your plan. From there, we review the scenario, identify financing options that may fit, and let you know what is needed to move forward.
Start with the basics: the property address, whether you are buying or refinancing, what you believe the property is worth, and what you are trying to accomplish. If you already own the property, we may also need the current payoff or existing liens.
Purchase, refinance, cash-out, rental, construction, and commercial deals can require different information.
2. Tell Us About the Project
If the property needs renovation, construction, or other improvements, we will want to understand the budget, scope of work, and expected completed value. We also need to know what happens next — sell the property, refinance it, or hold it as a rental.
A clear exit strategy helps determine which type of financing makes sense.
3. We Review the Scenario
We look at the property, purchase price or payoff, current value, project costs, completed value where applicable, borrower profile, available cash, experience, and exit strategy together.
The goal is to determine whether the deal appears workable and which financing options may fit.
4. Review Preliminary Financing Options
If the scenario appears workable, we may outline a preliminary loan structure, financing options, or indicative terms based on the information available at that time.
Preliminary feedback is not final approval or a commitment to fund.
5. Documentation and Underwriting
Once a financing path is selected, the file moves into documentation, valuation, underwriting, and due diligence. What is needed depends on the deal and may include title, insurance, property valuation, entity documents, bank statements, payoff information, a purchase contract, construction budget, or other supporting documents.
Not every deal requires the same documents.
6. Clear Conditions, Close and Fund
Once underwriting and due diligence are complete and the remaining conditions are satisfied, closing documents can be prepared and funding can be coordinated.
Closing and funding remain subject to final review, documentation, and applicable lender or capital-source requirements.
Ready for the Next Step?
If you already have a deal, send us the basic property, transaction, project, and borrower information for review. If you are still gathering the numbers, the Strong Loan Scenario Guide explains what information helps us evaluate a deal.