Multiple Choice
Besides an estimate of costs,a construction loan submission package includes many other components.Which of the following is NOT one of those components?
A) Two years of prior tax returns
B) Current financial statements
C) Pro Forma Operating Statements
D) Ratio and Sensitivity Analysis
Correct Answer:

Verified
Correct Answer:
Verified
Q12: What term applies to third-party financing that
Q13: Commitments for construction financing are usually contingent
Q14: Loans made under the assumption that markets
Q15: Lenders typically finance the development of a
Q16: The MOST common method of distributing funds
Q18: A standby commitment differs from a permanent
Q19: Which of the following common contingencies is
Q20: Which of the following is the usual
Q21: Even after obtaining permanent financing,a developer still
Q22: Why would a developer be willing to