Secure Private Loans Quickly with the TBA Lending Process

Overview of the Lending Process

1. Complete our free application. It will be reviewed within 24 business hours and we can then provide the terms of the loan. If necessary, we can issue a Loan Commitment letter or Letter of Intent. 
   
   
2. If approved, we typically ask for very little documentation, however, we do need to complete some due diligence on our borrowers. If your application is approved, we likely will ask for the following, but not limited to: Driver’s License, SSN, copy of sale contract and entity corporate documentation (if necessary).
   
   
3. Title work will begin after our due diligence is complete.  TBA Lending will work with any title company, however, we prefer TS Executive. 
   
   
4. General liability property insurance is required to obtain the loan proceeds.
   
   
5. Closing through a title company can be expected assuming there are no title issues or due diligence concerns.  Closing can typically occur within two weeks or less, depending on borrower urgency.   
   
   
6. We want to build long term relationships with our borrowers. Once pre-approved on your first project with us, future projects will turn around much quicker and won’t require as much documentation. 
   
   
7. Our goal is speed and efficiency.