Anchor the exit value to comps before you size the loan
For Lenders & debt funds · also Acquisition & investment teams
CompsUnderwriting
Find comps for [address] ([asset type], [size]). Then underwrite this loan request: [loan amount] over [number] years from the attached T-12, using those comps for the exit value, and size the debt at [percent] LTV and [ratio] DSCR.
- You give
- The address; the T-12; the loan amount; the hold period in years
- You get
- Comparable sales with adjustments and the resulting range, in the assistant
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
UnderwritingUse this workflow