Page 9 - refi book proof 2

No Tax Issues
No judgements or Liens
No recent bankruptcy
No recent foreclosures
Personal Liquidity
Net worth requirements
750+ credit score. (Basically perfect credit)
Must have a Tier one property
Commercial property must have an occupancy rating of 90% for the last 90 days.

Non-Bankable:

Being a non-bankable borrower is not an official designation in the industry. Nor is it a
bad thing to be considered non-bankable. A non-bankable borrower is someone who
does not want to show or cannot show full financial documentation such as tax returns.

Furthermore, a non-bankable borrower usually has a unique story or challenging
circumstance that needs to be addressed that traditional lenders fail to provide the
solution for.

Other Non- Bankable Characteristics:

Tax returns may not show the full scope of income made in the previous years
Previous P&L Statements do not show current trajectory of the business profits
Less than ideal credit below 700.
Tax lien issues
Property Back Taxes
Limited Net Worth
Judgements & BK in the past
Limited personal Liquidity
Tier one & Tier 2 property types that have low occupancy, tenant changes, rehab needs, or
environmental issues.

(Add video to recap the characteristics)

Being a non-bankable client is not a bad thing at all , do not get down on yourself about being
denied by a traditional lender.

I understand the challenge of running a business and investing to grow, while on the other hand
using the tax code to your advantage to save on taxes in your business, or using your credit for