| Request a Quote Today! |
 |
| Provide some basic information
about the property and commercial or apartment financing you’re
seeking and we will provide a no cost no obligation
quote. |
-
Security and privacy protected
-
No social security number required
-
No credit inquiry
-
No cost or obligation
|
 |
| Why Choose Capital Assets,Inc |
 |
| Capital Assets,Inc has the knowledge,
expertise and strategic relationships required to
provide you with the most competitive rates and terms
for your commercial property. |
-
Multiple program options
- Competitive rates and terms
- Knowledge and expertise
- Certainty of execution
- Convenient electronic loan process
|
|
|
|
 |
|
|
Home >
» crefcoa-loan-process |
The Capital Assets, Inc Commercial Loan Process
With an innovative, standardized, product driven
online commercial lending platform (ComTrac™), and a dedicated team of
seasoned commercial mortgage professionals assigned to each
loan request, Capital Assets, Inc provides a smooth and seamless
customer experience from your
initial quote for a
commercial
mortgage loan or
apartment loan
through closing.
-
Standardized electronic loan platform
- Streamlined loan process
- Faster closings
|
-
Experienced commercial mortgage team assigned to
every loan request
- Fewer fees and lowers costs
|
|
 |
 |
Complete Online Loan Request Summary
|
- It takes less than
5 minutes to complete your
request for a quote.
- There is no cost or obligation.
- Your social security number is not required.
- We don't pull your credit report.
- There is no hard sell. You can either accept our offer
or not.
- We never sell or provide your personal information or
email address to unrelated third parties.
|
 |
Receive Confirmation Email
|
- Immediately
receive a confirmation email with the contact
information for your assigned dedicated team of
commercial mortgage specialists.
- Your team will stay with the transaction
from initial quote through closing.
|
| |
Receive Preliminary Quote
|
- Within 24-48
hours your commercial loan specialist will email
a soft quote based on the information provided
in your
commercial loan request or
apartment loan request summary.
- Your
commercial loan or
apartment
loan quote will also contain the additional
diligence needed to issue a Letter of Intent
(LOI) or conditional approval.
- Standard documents include, P&Ls, rent roll
and photos for the subject property along with a
personal financial statement and schedule of
real estate owned for all key principals of the
borrowing entity.
|
| |
Letter of Intent (LOI) Issued
|
- An LOI or
conditional approval is issued typically within
24-72 hours of receipt of the outstanding
diligence outlined in your initial quote.
- The LOI will provide detailed information
about the rate, terms costs and conditions of
the loan.
- You can accept our offer or not. There is no
cost or obligation up until this point.
|
| |
Start the Underwriting Process
|
- Once you
execute the LOI and submit the expense deposit
required to process your loan (cover the
appraisal and inspection costs), your loan will
be transitioned into underwriting.
- Third party reports are ordered.
- An outstanding due diligence checklist will
be provided.
- Our goal is to obtain the outstanding due
diligence before the third party reports are
due.
- Receive third party reports, finalize
underwriting and issue a firm commitment.
|
| |
Close
|
- Our goal is
to close your commercial or apartment loan
within 45 days of receipt of LOI and expense
deposit.
- You can elect to close at a title, escrow or
attorney's office of your choice.
- The closing package, including the loan
documents, will be emailed to your selected
closing office.
|
| |
|
|
|
|
|
Get started with Capital Assets, Inc today!
It's quick and easy to get started with
Capital Assets, Inc. Simply complete the online Quick Quote loan request
summary and we will assign a commercial mortgage specialist
to your request who will provide you with our most
competitive quote. |
| Commercial real estate loan program availability may vary depending on property
type, state, population, economic conditions,
exposure, and other variables that may
negatively influence risk. Program rates, terms,
and conditions are subject to change without
notice. |
|
|
