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Loan applications generate substantial paperwork, and there is no way to avoid it.  Loan applications include purchase offers, loan requests, credit reports, environmental statements, appraisals, buyer and seller income tax returns, profit and loss statements, monthly and annual projections, rent rolls, leases, photographs, work bids, debt schedules, accounts receivable and payable aging reports, and Uniform Offering Circulars, etc. 

The materials need to be assembled into credible loan request packages to improve financing chances.  Packages missing a key document not provided by one of the players can delay the whole package.  Lenders invariably discover and request such missing documents.

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