koH Resources is committed to working with referral sources. We have developed a strong partner network as well as various alliances throughout the United States. These are the 10 steps to get loans to the table.
Step 1: Docs Gathered For Letter of Intent.
--------Application (plus preferred 1003 or ES)
--------Operating Statement and/or Property I & E
--------Credit Reports (tri-merge)
--------Property Photos & Deed
--------Rent Roll if applicable
Step 2: Issuance of Letter of Intent
Step 3:
Receive signed LOI & Good Faith Deposit
Step 4: Order Third Party Reports
Step 5: Fulfill Stips
Step 6:
Receive & review Appraisal
Step 7: Review & Complete Underwriting
Step 8: Confirm Closing Date
Step 9:
Prepare Loan Documents.
Step 10:
Closing.
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