1001 S. Sibley St. Suite 6 Metairie, Louisiana 70003

888-906-5702

Call FSLS 1-888-906-5702-Rates and terms accounts receivable contract & purchase order financing.
Rates &terms - Business Loans
Rates and Terms - Commercial Mortages
FSLS loan rate Quotation summary
Lease Quote Terms
Rates & Terms - sale-Leaseback
Call FULL-SERVICE LENDING SPECIALIST 1-888-906-5702 for rates and terms
DISCOUNTING MORTGAGES
"Mortgages for Sale",
"Mortgage Purchase".


DISCOUNT MORTGAGE SUBMISSION CHECKLIST

INSTRUCTIONS: Be sure to complete all sections of your Discount Mortgage Submission Sheet. Include all information required below for fast funding.

FOR A COMPLETE SUBMISSION READY FOR FUNDING SEND THE FOLLOWING:

  • The Discount Mortgage Submission Sheet completed. Especially important is information on the party making payments and accurate information on the type of property,value,& encumbrances.
  • A copy of the original note with record of payments, (if maintained), for the requested discount mortgage. We ne ed to verify the original amount, interest rate, starting and ending date and agreed upon payments.
  • A complete copy of the subject deed of trusts or mortgage so we may verify how title was transferred.
  • A copy of the closing statement and/or contract relating to the requested discount mortgage. We need to verify the actual terms of the most recent sale reflecting sale price and cash down payment.
  • First mortgage information, (copies of note and deed if applicable), and information on all other mortgages on the property in the requested discount mortgage.
  • Any photographs of the subject property and/or a recent appraisal, (include appraiser's name and address). We will order our own appraisal if none is available.
  • A copy of any title insurance policy issued on the subject property. Sometimes an "abstract of title" may have been prepared. We are trying to verify that the title is clear for us to file as lien holder.
  • A copy of the fire and extended coverage insurance on the subject property. If no insurance is maintained, please let us know.

LEASE SUBMISSION INSTRUCTIONS AND CHECKLIST

For equipment leases of all types (new equipment & sale-leasebacks) to sole proprietorships, partnerships and corporations, please provide the following:


CONTRACT, PURCHASE ORDER & ACCOUNTS RECEIVABLE SUBMISSION CHECKLIST


For: ACCOUNTS RECEIVABLE FACTORING OR ADVANCE:


For: CONTRACT OR PURCHASE ORDER FINANCING ADVANCES:


Can be as brief as a paragraph or a copy of a business plan. Include information on the products or services contracted for and information on the other party(s) involved in this contract as financing will also be contingent on their ability to perform.