Documentation requirements vary significantly from one commercial mortgage specialist to the next. You will be expected to submit a variety of documents before being provided with a formal offer from your lender.
Considering documentation requirements ahead of time can help streamline and simplify all aspects of the application process, while improving your likelihood of qualifying for a competitive commercial mortgage.
If you would like to learn more about documentation requirements or have any questions on commercial mortgage applications, book your obligation-free consultation with one of our representatives today.
Irrespective of your requirements and the lender you approach, you will be expected to provide the following documents:
If you are in the market for an owner-occupied commercial mortgage, additional documentation required will usually include the following:
Commercial investment mortgages are issued for entirely different purposes to conventional commercial mortgages, therefore include the following additional documentation checks as standard:
Having as much essential documentation as possible ready for submission prior to applying holds the key to a smooth and simple commercial mortgage application. In order to ensure you understand your obligations where documentation and evidence are concerned, it is advisable to consult with an independent broker at the earliest possible stage.