# Commercial financing submission

Canonical: https://chicagocommercialfunding.com/tools/financing-submission/

Help a lender evaluate the property, borrower and execution plan efficiently.

An original educational working agenda, not a legal form or substitute for transaction-specific advice.

- [ ] **Prepare a transaction summary.** Explain property type, use, purchase or refinance, timing, requested debt and the investment business plan.

- [ ] **Supply property financials.** Include a current rent roll, leases, historical statements, trailing operating results and explanations of adjustments.

- [ ] **Show sources and uses.** Balance acquisition, closing, improvements, leasing costs, fees and reserves against debt and documented equity.

- [ ] **Provide sponsor information.** Organize entity structure, ownership, experience, liquidity and requested guarantor information securely.

- [ ] **Document the capital plan.** Include scope, bids, contingency, timeline, draw assumptions and third-party supervision if applicable.

- [ ] **Explain the exit.** Model stabilization, permanent-debt constraints, sale assumptions and maturity repayment risk.

- [ ] **Identify property issues.** Disclose known environmental, title, condition, occupancy, legal-use and tenant concerns.

- [ ] **Compare terms consistently.** Track rate, index, floor, amortization, maturity, recourse, fees, holdbacks, covenants and prepayment.

- [ ] **Verify closing conditions.** Document who must supply each report or certificate and when it is due.

- [ ] **Use secure intake.** Follow the lender’s approved submission process. Do not place confidential borrower records in public site content.

- [ ] **Reconcile versions and open questions.** Date the package, identify the author of each assumption, keep one adjustment log and answer lender questions against the same current rent roll, budget and sources-and-uses schedule.

- [ ] **Confirm authority and decision dates.** Identify who can approve the financing and sign for each entity. Align commitment expiration, rate-lock conditions, purchase deadlines and the funded closing calendar.

## Research sources

- [OCC — CRE underwriting and risk framework](https://www.occ.treas.gov/publications-and-resources/publications/comptrollers-handbook/files/commercial-real-estate-lending/pub-ch-commercial-real-estate.pdf)
- [Fannie Mae — documented multifamily income analysis](https://mfguide.fanniemae.com/node/7531)