The Process

Once your requirements are received, your Commercial Loan Specialist will contact you to discuss your needs, determine the appropriate lending solution for you, and help you complete our simple loan application. Once your application is submitted, a written Conditional Pre-approval Letter will be issued within 48 hours, specifying:

• Loan Amount
• Interest Rate
• Documents required for underwriting
• Documents required for closing
• Estimated fee for Appraisal

Send supporting documents. Your Commercial Loan Specialist will determine what documents based on your loan program are needed to process your commercial loan. These may include bank statements, tax returns, pay stubs, rent rolls and operating statements.

Processing:

After your signed Conditional Pre-approval Letter is received and Appraisal fees have been remitted, the underwriting process will begin.

Through our simplified commercial loan process, we're able to close your commercial loan in fewer than 45 days. Central to this speed, and unique to World Wide Lending Solutions is our Parallel Processing. Through this, our Appraisal, Title and Environmental D ue Diligence efforts are done simultaneously, saving you time and money.

During this step:

• Appraisal is engaged
• Title is ordered
• Loan is reviewed

What You May Need:

• Last 2 months bank statements, plus recent statements from stocks, bonds, mutual funds, as well as any retirement funds such as 401(K) and IRA. This information is used to determine the availability of liquid assets.
• Last 2 years personal tax returns, W-2/1099 and business tax returns (or Profit & Loss if tax return not available). These documents contain information we use in processing your loan request.
• Pay stubs for the last 30 days prior to closing.
• Last 12 months payment history for your primary residence and subject refinance loan.
• Schedule of rental properties owned indicating amount of liens, gross rental income, operating expenses (including taxes and insurance), and current mortgage payments.

World Wide Lending Solutions will work closely with you to collect the appropriate documents, keep you updated on your commercial loan, and ensure it closes in a timely and professional manner.

Funding & Closing

After your loan is approved and the terms have been finalized, it is time to close your commercial loan!

At this time, here's what you can expect:

We will prepare your commercial loan documents, send them to a closing agent in your area and schedule a closing date. All your documentation will be signed and the closing agent will arrange to disburse your money.

Disbursement of funds!

Your Next Steps for Financing A Commercial Property or
Small Business Start Up.

Get pre-approved and speak to a Commercial Loan Specialist today. Pre-approval is free and has no obligations. It's the fastest and easiest way to learn the best options for you, and the first step to receiving the cash you need.

Call 1(888)525-9092.