Loan request memo
Write the loan request (or credit memo summary) from the deal facts.
Last tested 2026-10-19 Its example inputs were run through Claude Haiku 5.5, and an AI judge (Jev) scored the reply 78/100 for following the rules and doing the task.
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Example output
I wrote this by hand on 2026-10-19 from the made-up inputs below, to show what a good result looks like. Your results will vary, so read every draft before you use it.
Example inputs
- Borrower, property, purpose: Ridgeview Capital buying 2210 Ridge Rd, 48-unit multifamily, Tulsa, for $4.2M
- Loan request (amount, LTV, DSCR, term, rate type): $2.94M (70% LTV), 1.32x DSCR on in-place NOI, 5-yr term, 30-yr amortization, fixed
- Strengths and risks: Sponsor owns 6 similar properties, 94% occupied. Risk: 1987 vintage, sponsor plans renovations.
Request: $2,940,000 first mortgage to finance Ridgeview Capital's purchase of 2210 Ridge Rd, Tulsa.
Property: 48-unit multifamily, built 1987, 94% occupied. Purchase price: $4,200,000.
Sponsor: Ridgeview Capital owns six similar properties.
Key metrics
- Loan to value: 70%
- Debt service coverage: 1.32x on in-place NOI
- Term: 5 years, 30-year amortization, fixed rate
Strengths: experienced sponsor with similar assets; high current occupancy.
Risks and mitigants
- 1987 building: order a property condition report and size reserves from it.
- Planned renovations: ask for the budget, scope, and source of funds.
Conditions to consider: replacement reserves; renovation budget review before closing.AI drafts can be wrong. Check every fact, name, and number before you send anything. Free: build prompts with no limit and 5 AI runs a day. A paid plan: 100 runs a day, 1,000 checks a day, batch runs for 50 contacts.
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