commercialloanresource.blogspot.com
Your resource for commercial lending information
Your resource for commercial lending information. Thursday, September 6, 2007. Preparing a Pro Forma Operating Statement - Part 1. The term “Pro Forma” is short for Pro Forma Operating Statement. A pro forma is an annual operating budget for an income property and is probably the most important single document in an income property loan package. An experienced processor will always assemble the package with the pro form as one of the very first items prepared. Or from a local Real Estate agent. Borrowers...
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