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Are there any
up-front fees or costs?
No. CommercialBanc will review your request, review program
eligibility to ensure accuracy, and issue a conditional approval all
without any cost to you.
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Do you pull my personal
credit?
No. IntelMATCH determines program eligibility and
qualification based on subject property information and borrower
representations.
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Do you sell my personal information like all those other
companies on the Internet?
No. CommercialBanc is not an
Internet marketing company selling your personal information to
whoever wants to buy it. We originate, process, and close your
commercial loan in-house.
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What documentation do I need
to submit initially to CommercialBanc?
The documentation required depends on the loan
program that you have select. Most programs require the
following:
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Subject property rent roll |
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Collateral questionnaire |
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Subject property income and
expense statement for the
two previous years,
including a year-to-date |
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Sales
contract if a purchase transaction |
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Do I have to submit the requested documentation to get a
response from CommercialBanc?
Yes. In order to provide you with an
accurate prequalification, lowest interest rate, and best
overall terms, CommercialBanc requires this basic information.
When underwriting a commercial
loan, we look primarily at the property and the property's cash
flow as the primary source of repayment for the loan - property
and business for owner occupied properties. Without properly
qualifying the collateral, via the requested documentation, we
can't properly serve our clients.
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What happens after I submit my IntelMATCH commercial loan
request?
You will receive a confirmation email from
CommercialBanc explaining the IntelMATCH loan process.
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