Commercial Real Estate Loan Documents Checklist
Essential documents for commercial real estate and hotel loan applications — prepare your package for lender review.
Lender documentation requirements vary by deal type, but preparing core materials early accelerates underwriting. This checklist covers common requirements for hotel and CRE financing.
Borrower Documents
Typically required from sponsors:
- Personal financial statement (PFS)
- Schedule of real estate owned (SREO)
- Personal and business tax returns (2–3 years)
- Resume / track record summary
- Entity organizational documents and operating agreement
Property Documents
Property-level requirements:
- Trailing 12-month operating statements
- Rent roll and lease abstracts (CRE) or STR reports (hotels)
- Purchase contract or refinance payoff statement
- Appraisal, Phase I environmental, property condition assessment
- Insurance certificates and flood determination
Next Steps
Submit your deal to Midas for a tailored document checklist based on your transaction type and target lenders. Financing is subject to lender approval.
Related Resources
Related Questions
What documents will I need to submit?
Common requirements include personal financial statements, entity documents, trailing 12-month operating statements, STR reports (for hotels), rent rolls, leases, and a purchase contract or refinance payoff statement. We provide a tailored checklist for your deal.