Borrowers have two options to receive a loan proposal for a CMBS conduit loan. The first option is to request a Summary of Certain Indicative Terms, which is a one-page summary of the proposed loan terms that has not been through a complete credit review process, but has a high likelihood that the … [Read more...] about 7.2.18: ValueXpress Revises Loan Document Checklist Required for a Loan Quote
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