BORROWER:

Ki Kim

REQUESTED LOAN AMOUNT:

$5,000,000

LOAN PURPOSE:

Purchase of a 10-unit apartment in Santa Monica, CA

 

EST. CLOSING:

12/25/2022

CURRENT STATUS: 

STEP 2

STEP 1:

Application

(3 Days)

Completed

STEP 2:

Underwriting &

Solidon's Approval

(2 Days)

In Process

STEP 3:

Submission

to Lenders

(2 Days)

STEP 4:

Lender's LOI

(5 Days)

STEP 5:

Lender Process

(CRE: 25 Days)

(C&I: 20 Days)

PLEASE SUBMIT THE FOLLOWING DOCUMENTS:

- Corporate Tax Returns 2018

Upload

- Personal Financial Statement dated 6/30/19

Upload

- Individual Tax Returns for 2017 and 2018

Upload

- Rent Roll later than 6/30/19

Upload

Dialogue

10/20/21 Loan package submitted

10/21/21 Underwriter, Ki Kim received the package. Reviewed and send the list of additional documents.

10/21/22 10:00 PM - Credit Summary was prepared

10/22/22 10: 30 pm - Pre-approval issued to the agent and borrower

10/24/22 6:20 pm - Pre-approval executed and package submitted to Chase

10/25/22 3:00 pm - Assigned to Mike Kong at Chase

10/26/22 - Question received from Mike Kong. Please refer to conditions and questions.