CaribbeanMortgageLoans.com
"Mortgages For Real Estate In The US, Canada, Mexico, The Caribbean & The World"
CaribbeanMortgageLoans.com
"Mortgages For Real Estate In The US, Canada, Mexico, The Caribbean & The World"
|
|
|
ENGAGEMENT TIMELINE FOR QUALIFIED & FULLY PACKAGED LOANS (*After a Loan Package Is COMPILED & COMPLETED) BUILDER-TO-INVESTMENT
ADVISOR TIMELINE: 30-71 Days 1.
"PRE-SUBMISSION" COMPLETE Package Compilation, Appraisal &
Approval Process. (15-45 days) 2.
After Formal Submission To Investment Advisor A Letter of Intent Is Issued to Borrower. (1-4 days) 3.
Preliminary Loan Investment Offering Structure Is Established. (5-7 days) 4.
Project and Loan Investment Prospectus Is Drafted & Executed. (10-15 days)
INVESTMENT
ADVISOR-TO-INVESTOR TIMELINE 5a.
A COMPLETE PROJECT & LOAN PACKAGE Is Delivered to Investors (7-10 days) 5b.
Investor Participation is Negotiated and Obtained. (13-45 days) 6.
Final Loan Closing Memorandum & Loan closing checklist is issued (4-7
days) 7.
Syndication Process Concludes and Loan Funding is Executed. (3 days) 8.
Specific Loan Closing is Executed via Title Company and/or Attorney (3-10
days) 9. Total TYPICAL TIMEFRAME = 30 to 75 days - AVERAGE IS 45 DAYS INVESTORS ONLY "FUND" FULL & COMPLETE
PACKAGES. |
|
Send mail to RayW@CaribbeanMortgageLoans.com with
questions or comments about this web site.
|