How to Submit a Strong Loan Scenario

Better information upfront helps reduce back-and-forth and gives your deal a cleaner path toward preliminary review.

You do not need every document or detail to start the conversation. Submit what you have available, and missing items can be requested if the scenario appears workable.

Core Information Every Scenario Should Include

Property Address & Asset Type
Estimated Value (As-Is & ARV)
Requested Loan Amount
Current Ownership Status
Detailed Exit Strategy (Sale or Refinance)
Experience Level of the Principal

Transaction Details by Purchase, Refinance, or Cash-Out

Purchase

Purchase Price
Contract Closing Date
Source of Down Payment
Renovation Budget (if any)

Refinance

Current Payoff Amount
Original Purchase Date/Price
Cost of Improvements Made
Reason for Refinancing

Cash-Out Refinance

Specific Use of Funds
Total Equity in Property
Current Property Status
Long-term Hold Plans

Project Budget Details

If renovation or construction is involved, we need to understand the scope of work to determine the proper leverage and draw structure.

Itemized Scope of Work
Estimated Construction Timeline
Contractor Qualification/History
Permit Status and Soft Costs

Loan Type Details We Look For

Fix & Flip

Detailed renovation budget
Timeline for project completion
Experience record of previous flips
Purchase price and estimated ARV

Bridge

Clear description of the 'bridge' need
Verified exit strategy (sale or refi)
Current occupancy or cash flow details
Speed requirements for closing

DSCR Rental

Current lease agreement or market rent (OI)
PITIA breakdown
Borrower FICO and liquidity
Entity documents for the holding co.

Ground-Up Construction

Entitlement and permit status
Line-item cost budget (hard and soft costs)
General Contractor resume and license
Plans and specifications summary

Commercial / Mixed-Use

Rent roll with lease expiration dates
Last 2 years of operating statements (T12)
Tenant breakdown (Triple Net vs. Gross)
Environmental or structural reports if available

Portfolio / Blanket

Master property schedule (spreadsheet)
Individual property values and debt levels
Management summary for the portfolio
Unified exit strategy

Land / Lot

Zoning and use verification
Infrastructure status (utilities to site)
Plat map or survey for reviewed lots
Future development or resale plans

Optional Documents That Help Review

Preliminary title report
Current appraisal (if completed within 6 months)
Entity formation documents (LLC/Corp)
Proof of funds for closing costs
Resume of the project manager or principal

Common Reasons Scenarios Get Delayed

Vague estimation of project costs or values
Inconsistent information between core items
Missing contact information for the key decision maker
Unclear exit strategy for short-term financing
Delayed response to follow-up scenario questions

Ready to Submit a Cleaner Scenario?

Better information upfront helps reduce back-and-forth and gives your deal a cleaner path toward preliminary review.