Hire The Apartment Consultant, Peter Harris, to personally assist you in obtaining apartment loans nationwide. Because Peter believes in specialization, his firm only engages the best and proven in the industry that focuses on delivering apartment loans in the following categories:
We are in critical economic times and it is imperative that you work with experts. Not having the right firm processing your loan could cost you your deal from closing, cause costly delays, and waste tons of money.
Peter has added apartment financing to his list of expanding consulting services because he saw in need in controlling his clients’ experiences in the apartment lending industry. He personally witnessed poor service and not-so-good advice provided to his client’s apartment deals, leading to less than stellar outcomes. The truth of the matter is that a well-thought and excellently planned apartment loan strategy creates stability, flexibility, and wealth. Allow Peter and his experts to take you through this experience from start to close. Feel free to contact Peter to discuss your new or existing apartment finance needs.
The Apartment Consultant will get you started smoothly in making your 4-step loan application process:
Step One: Pre-Approval (Qualify)
After an initial contact you will be provided with a brief list of items we’ll need in order to issue a loan pre-approval. In your pre-approval you can expect a quote for rates, terms, costs, valuation estimate, expected time-frames and instructions on how to proceed to step two.
Step Two: Registration and Engagement (Commit)
Registration is the point in the process when we submit a complete proposal package to our underwriters. Upon underwriter’s satisfactory review of the loan file, we commit 3rd party funds and any applicable fees in order to engage an appraiser and inspector. Step Three: Processing (Verify)
After 3rd party reports have been ordered, our friendly loan assistants will request some additional items of verification. This list will usually entail personal tax returns, entity documentation, funds verification, etc. but may vary depending on your specific program. Step Four: Closing (Finalize)
Once 3rd party reports are completed and the verification process satisfied, a final loan approval will be issued. Once approval is signed and returned, with any prior-to-closing conditions satisfied, our underwriters draw loan documents. Our assistants ensure a coordinated and timely closing by working closely with your title and escrow agent.
*Note: The most common prior-to-closing requirements are in regards to minor repairs that may be necessary due to deferred maintenance issues. These issues are usually addressed prior to final approval due to inspection or appraisal. Total time from start to loan funding is approximately 40-45 days for loans under $3 million, 60 days for loans over $3 million.