Set the collateral value, then size the loan on it

For Lenders & debt funds

Give me an opinion of value for [address] ([asset type], [size]). Then underwrite this loan request: size the debt at [percent] LTV of that value and [ratio] DSCR on the attached T-12.

You give

The address; the T-12; the LTV; the DSCR

You get

Reasoned opinion of value, in the assistant Often also: memo (PDF), deck (PDF), memo (Markdown), Excel workbook (XLSX)

Then

Underwriting — ask for it in the same conversation once step 1 is done