1st Choice Financial Consultants "Our Application Process"

Our Application Process

Process (typically 90-120 days from of a full package):

Submit a Project Summary Form and executive summary or detailed description of the project;
Dependent upon the Lenders’ Network in which your deal is placed; A Due diligence payment may be required before receiving a Letter of Interest (LOI)
If a Letter of Interest (LOI) is issued, it will articulate an initial rate and term that will be refined during underwriting.
If you are interested in moving forward you must submit the due diligence/underwriting fee, as specified in the LOI, along with the signed LOI.
Once your project is placed in underwriting, billing for any third-party reports that are required, i.e., appraisal, , feasibility , etc. will be deducted from the due diligence/underwriting fee; However, we will attempt to insure that the deal fundamentals are sound before ordering any third-party reports. This will help you avoid incurring costs unless absolutely necessary. All due diligence funds not used will be refunded.
Approximately one week after receipt of the signed LOI and due diligence payment, you will receive a welcome letter.
Approximately one week after receipt of the welcome letter you will receive a conditions letter that will provide a list of documents that must be submitted.

To Apply, simply email us @ fcfinancial@ymail.com

We’d love to hear from you!

1st Choice Financial Consultants
541 East Tennessee Street Suite120
        Tallahassee, Fl. 32308
        Office: 850-297-9242