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How to Get Started with Financing Requests - Lender
How to Get Started with Financing Requests - Lender

Understand how a lender user can interact with the Financing Module.

Caroline Riley avatar
Written by Caroline Riley
Updated over 3 months ago

Step 1: Get started with Financing Requests

Your one-stop solution for Senior Housing Deals

You received a notification of a deal that we think is a good fit for you. Within the Financing Request you can view supporting documentation provided by the borrower, download the relevant deal documents and determine your level of interest in the deal. You can also communicate with a NIC MAP Vision Admin and the borrower through the platform.

Step 2: Term Sheets

You are free to submit a term sheet at any point before the stipulated deadline. If you are not interested in proceeding, please convey this to a NIC MAP Vision Admin via the built-in communications within the Finance Request.

Step 3: Borrower Acceptance

The borrower will review your term sheet and determine whether your terms fit their borrowing requirements.

Step 4: Document Exchange

If you proceed to underwriting, you can continue to communicate with the borrower via our platform. Many documents will already be uploaded, but you are free to request additional documents and/or information.

Step 5: Final Steps

Throughout this process our team will be available to assist and guide you. From initial teaser through loan closing, we're here to make your lending experience seamless and successful.

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