Process

Complete the personal financial statement (PFS)

Provide an overview of the investment opportunity / subject property, comparable market analysis or brokers opinion of value, rehab budget, if applicable

Initial interview (20-30 mins)

Additional diligence requests

M.R. Qualified provides a non-binding term sheet

M.R. Qualified drafts loan documents

Borrower engages title company to complete title review and issue a title insurance policy

Borrower obtains property / casualty insurance

Closing