Glossary (click letters) A BCDEFGHIJKLMNOPQRSTUVWXYZ ADS See annual debt service. Absorption The amount of inventory or units of a specific commercial property type that become occupied during a specified time period (usually a year) in a given market, typically reported as the absorption rate. Accumulated cost recovery Total cost recovery deductions taken throughout the holding […]
Commercial Mortgage Forms
Credit Report Authorization Commercial Loan Application SBA 7a Business Application SBA 504 Application SBA Personal Financial Statement SBA Form 912 – Statement of Personal History Multifamily Rent Roll Commercial Rent Roll Business Debt Schedule Environmental Questionnaire Property Operating Statement Schedule of REO / Loan Data Tape 4506-T IRS Tax Transcript Request
Checklists
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Commercial Platform Overview
Ocean Capital Lending, LLC provides the entire spectrum of loan products in the commercial mortgage industry. We have the ability to provide fixed and floating first mortgage loans on stabilized commercial real estate properties to quick bridge loans to keep a construction project moving forward in a timely manner. There is no inquiry to small […]