BVFR Engagement & Loan Process

Overview

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.