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Solidon Finance
Your Total Financial Solution
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
- Personal Financial Statement dated 6/30/19
- Individual Tax Returns for 2017 and 2018
- Rent Roll later than 6/30/19
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.
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