Avatar's Blog

» Preparing documents for closing a hard money loan

Posted on 1/27/2005
Every hard money lender requires specific documentation for closing a hard money loan. Avatar Financial Group's loan documents include:

  • Commercial Loan Application, which can be downloaded at our forms pages
  • Appraisal
  • Attorney Opinion letter
  • Corporate Structure Documents
  • Entity Documents
  • Copy of any/all leases
  • Insurance Information
  • Title Report
  • Survey
  • Equipment/Inventory List

If you do not have any of these, it will affect the length of time until your loan closes. Avatar cannot proceed with a loan until each of these documents is provided by the borrower.

Posted in Miscellaneous