Commercial Mortgage Financing Petoskey MI

Looking for Commercial Mortgage Financing in Petoskey? We have compiled a list of businesses and services around Petoskey that should help you with your search. We hope this page helps you find Commercial Mortgage Financing in Petoskey.

Mr. John S. Marshall Jr., CFP®
(231) 348-2516
435 Madison Street
Petoskey, MI
Firm
Crooked Tree Capital Advisors
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Investment Management, Retirement Income Management, Risk Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided By:
Mr. James B. Carano, CFP®
(231) 237-9715
04755 Lakeshore Dr
Charlevoix, MI
Firm
Meridian Advisory Services LLC
Areas of Specialization
Investment Management, Investment Planning, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided By:
Fifth Third Bank
(231) 439-8500
Petoskey Downtown, 300 East Mitchell
Petoskey, MI
Office Hours
M-F 9-5; SA 9-12

Fifth Third Bank
(231) 582-0440
Boyne City, 102 S. Lake Street
Boyne City, MI
Office Hours
M-F 9-5; SA 9-12

Chase Bank
(231) 526-6243
7645 S State Rd
Harbor Springs, MI
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Mr. P. Scott Nofsinger, CFP®
7818 Cemetery Rd
Harbor Springs, MI
Firm
P. Scott Nofsinger, CFP
Areas of Specialization
Charitable Giving, Estate Planning, Insurance Planning, Long-Term Care

Data Provided By:
Mr. John E. Doskoch, CFP®
(231) 547-9759
13591 N Forest Dr
Charlevoix, MI
Firm
John E. Doskoch
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided By:
Chase Bank
(231) 348-6251
677 W Mitchell
Petoskey, MI
Type
Drive-up
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Chase Bank
(231) 582-6595
1153 M-75 S
Boyne City, MI
Type
Freestanding
Office Hours
Mon:9:00-5:00
Tues:9:00-5:00
Wed:9:00-5:00
Thurs:9:00-5:00
Fri:9:00-6:00
Sat:9:00-1:00
Sun:closed

Edward Jones
(888) 891-1446
930 S State Rd # 20
Harbor Springs, MI

Data Provided By:
Data Provided By:

Documents to Prepare for Commercial Mortgage Financing

Banks and financial lenders require documentation to be submitted with commercial mortgage financing applications. As a general requirement, they ask for documents pertaining to the borrower's income and assets. Documentation requirements vary depending on the type of loan and its purpose.

Below is a checklist of common documentation requirements that you may use when preparing to get commercial mortgage financing . Not all may actually be required but you should at least have an idea of how to produce the documents should it be asked. The lender may request for original copies in order to validate your documents, but the originals will be returned after taking photocopies for their records.

Verification of Income Signed tax returns (1040's) or W2 forms - latest or past two filings Pay Stubs - the latest monthly pay stub (four stubs for weekly pay) Verification of Social Security and/or Pension benefits Rental Agreements or Leases (investment properties) Asset account statements (for past two months) where down payment is coming from (if purchasing) Verification of Assets Most recent bank statement (could be for 6, 12 or 24 month period) Stocks and/or Bonds dividends statements Gift letter (stating amount and date funds were transferred along with donor information) 401k statement (retirement savings) Loan Type Transaction Purchase Agreement contract Legal description of property (from site survey or existing title commitment) Copy of existing Site Survey Copy of recent property tax bills Hazard Insurance information sheet Verification of Mortgage / Land Contract / Rent Payment history for past 12 months Address of Investor or copy of payment coupon with address Home Improvement / Construction Plans and Specifications Construction Contract with licensed builder Copy of deed and survey for land owned Builder information Old appraisal info (if applicable) In addition some other miscellaneous documents may be required. For example,...

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