Process

If you would like Urban Commercial Mortgage to consider a loan request, please send us a copy of your credit memorandum. After making an initial eligibility determination, typically within 48 hours from receipt of you inquiry, a more complete loan package will be requested via a letter of interest and a loan checklist.

Once the requested items have been received, the underwriting and approval process is usually accomplished within three to five working days depending on loan size. A commitment letter will then be forwarded to you without delay. If an appraisal and/or environmental report is pending, a conditional commitment letter may be issued subject to receipt off acceptable reports (except for special purpose properties).

For a soft quote, fill out a loan request and one of our representative will contact you with program options.