Multi-Family or Mixed-Use Property Checklist

  • KCIF Application
  • Personal Financial Statement
  • Tri-merge Credit Report w/Scores (Self-Pulled for Pre-Review)
  • Executive Summary of Deal
  • Purchase Contract with any Addendums or Amendments or Original/Previous Settlement Statement, if a Refinance
  • Scope of Work/Construction Budget (If applicable)
  • 3 Months Bank Statements, Brokerage, IRA/401k Statements, etc
  • Entity Documents (Articles of Organization, Operating Agreement, & Certificate of Good Standing, IRS EIN Letter)
  • Proforma for next 3 years
  • Rent Roll and Operating Statements for Last 3 Years
  • Copies of Current Leases (If Occupied)
  • Last 2 Years Personal and Business Tax Returns
  • Property Listing Sheet, Offering¬†Memorandum, Info, BPO or old Appraisal
  • Photo ID
  • Insurance Coverage (Certificate of Coverage and Proof of Payment)
  • Appraisal (KCIF will order this, Borrower will pay)