BVFR Engagement & Loan Process
- Upon engagement and payment of retainer, BVFR will begin the process
- Assist you in identifying a participating lender to fund your loan request.
- Identify the Loan Program that best suits your needs.
- Prepare all applicable Loan Application documents.
- Assist you in identifying appropriate personnel to prepare appraisals and/or Phase 1 environmental and intergovernmental review documents.
- Work closely with your bank loan officer in the preparation of the documents required from the lender.
- Submit the completed application and supporting documents to the applicable governmental agency.
- Upon loan approval BVFR will provide the borrower with instructions on how to make payment to us for the success fee whether by wire transfer or by cashiers check.
- At the request of the borrower, a BVFR consultant will attend the closing.
Overview