Investor guide
Documents Investor Lenders May Request
By REI Capital Consulting LLC · Updated
Short answer: Business-purpose lenders commonly ask for entity documents, a government ID, a credit authorization, proof of funds, a purchase contract or settlement statement, a scope of work or construction budget, a track record of past projects, and insurance. DSCR loans add leases or a rent estimate. Exact lists vary by lender and are requested during the lender’s application, not on our initial form.
When documents come into play
Our initial scenario form asks for numbers, not sensitive files. Detailed documents are typically requested by the lender after you choose to apply. Sensitive items, such as a Social Security number or full bank statements, should go only through the lender’s secure application process.
Borrower and entity
- Articles of organization or incorporation
- Operating agreement or bylaws showing ownership
- EIN confirmation letter
- Certificate of good standing from the state
- Government-issued photo ID for each guarantor
- Authorization for a credit report
Funds and liquidity
- Proof of funds for down payment, closing costs, and reserves (lenders differ on what they accept)
Property
- Purchase contract and any amendments, or settlement statement if you already own it
- Title or vesting information
- Photos of current condition for rehab deals
- Existing leases and rent roll for rental or multifamily properties
- Insurance quote or binder
Project
- Scope of work and line-item rehab budget, or construction budget and plans
- Permits and approvals for construction
- Contractor information, license, and insurance
- Schedule of completed projects (track record)
DSCR and refinance specifics
- Current leases or a market rent estimate
- Mortgage statement for any loan being paid off
- Property tax and insurance figures for the debt-service calculation
Get organized early
Our free Funding Readiness Checklist turns this list into a one-page worksheet.
Related loan programs
Keep reading
This guide is general education, not legal, tax, or financial advice, and not an offer to lend. Lender requirements vary and change.