Apply for a Mortgage
After finding a property that meets your investment goals and budget, which your offer has been accepted on, it’s time to apply for your mortgage loan with Star Fund LLC. We allow loan applications in person, by phone, or 100% online, with our simple digital mortgage 1st step experience. As with any loan product, all applicants (including any co-borrowers) will have to provide some information so that we can offer you the most competitive, and loan products tailored to your specific situation.
What You'll Need
Commercial Non-Residential:
Before you start your application, be sure to gather these key documents:
- Business Debt Schedule ( Form Attached ) – And all notes for debit stated on debt schedule.
- 2024 Jan thru current month P&L and Balance Sheet – Internal Unaudited
- Rent or Own? Business lease if applicable.
- (2) Months Business Bank Statements
- Articles of Incorporation.
- By laws ( If Incorporated ) or operating agreements if ( LLC )
- EIN Tax Certificate Letter
- Certificate of Good Standing
- Internal Unaudited P&L
Residential Investment Loans
- Business Debt Schedule ( Form Attached ) – And all notes for debit stated on debt schedule.
- Rent or Own? Business lease if applicable.
- (2) Months Business Bank Statements
- Articles of Incorporation.
- By laws ( If Incorporated ) or operating agreements if ( LLC )
- EIN Tax Certificate Letter
- Certificate of Good Standing
SBA Loans
- Business Debt Schedule ( Form Attached ) – And all notes for debit stated on the debt schedule.
- Most Recent 3 Years Filed Business Tax Return
- Financial Statements Updated | P&L and Balance Sheet
- Rent or Own? If Rent – Copy of Lease | If Own – Copy of mortgage statement.
- (6) Months Most Recent Business Bank Statements (All Pages)
- Articles of Incorporation.
- By laws ( If Incorporated ) or operating agreements if ( LLC
- EIN Tax Certificate Letter
- Certificate of Good Standing
Additional documentation may be required based on your specific mortgage loan product. Whether it is for a commercial real estate loan, a real estate investment loan, a foreign national loan, a hard money loan, a no income verification loan, a DSCR loan, a fix and flip loan, a jumbo loan, or a private lending solution. We will run your credit report to make sure you receive the best possible terms.
Locking In Your Interest Rate
Because interest rates can change rapidly, you have the option to lock in your rate when you apply for a mortgage loan. A rate lock (or rate commitment) guarantees your interest rate and discount points for a specified period. Our team will provide you with a written rate lock agreement detailing the interest rate, lock period, and any discount points chosen. If you anticipate a rate drop, you might choose to wait—but remember, the rate must be locked before we prepare your closing documents. Speak with our experts to select the best option for your needs.
Ready to Apply?
At Star Fund LLC, we offer an extensive range of loan products to empower your real estate investments. Whether you’re looking to finance an investment residential property (1-4 Units), a multi-family or mixed-use project (5+ Units), office and retail spaces, shopping centers, industrial warehouses, or even self-storage and automotive properties, our fast approvals, competitive terms, and personalized service are here to help.
Apply for a mortgage loan today!
With Star Fund LLC’s Simple Online Mortgage application, secure the funding you need for your next real estate venture. Get Started Now