For lenders who need best-in-class loan documents so they can sleep at night, Geraci has built its reputation on providing industry-leading documents. Whether you are primarily a fix-and-flip originator, a complex commercial lending organization, or anything in between, our team of experts has a document solution in place for you.
Loan Document Preparation
Geraci is the nation’s largest law firm dedicated solely to the private lending industry.
Our team of expert attorneys starts by providing best-in-class compliance and structuring advice so that you can determine the right document structure in the first place. Then, we prepare custom document packages expertly designed to protect your interests.
After the preparation of documents, our team will shepherd your transaction through the loan closing process including the review of executed documents, settlement items, insurance, proformas, and any other requirements relevant to your loan closing.
You are empowered to pick and choose which services make sense for your loan. We provide custom flat fee pricing solutions specifically tailored to your needs on a deal-by-deal basis.
After the preparation of documents, our team will shepherd your transaction through the loan closing process including the review of executed documents, settlement items, insurance, proformas, and any other requirements relevant to your loan closing.
You are empowered to pick and choose which services make sense for your loan. We provide custom flat fee pricing solutions specifically tailored to your needs on a deal-by-deal basis.
For our loan documentation services in all 50 states, common loan products include:
- Construction (Ground Up or Cosmetic)
- Cannabis lending
- Lines of Credit (Revolving and Fixed)
- SBA/USDA Loans
- Loan File Audits to Review for Regulatory Compliance
- Rental
- Commercial (Office, Industrial, Warehouse, NNN, Shopping Center, Retail, Special Use, Hospitality, Self-Storage, Mixed-Use)
- Residential
- Multifamily
- Land (Raw and Entitled)
- Leasehold interests
- UCC Loans
- Unsecured Loans
- Warehouse Lines of Credit
- Shared Appreciation Loans
- Seller Carryback Financing
Additionally, we advise and prepare the following ancillary loan documents when advised for your loan transaction:
- Intercreditor Agreements
- Subordination Agreements
- Estoppels
- Lockboxes
- Cash Management Agreements
- CLO Nonconforming Tapes
- Deposit Account Control Agreements
- Side Letters
- Membership Pledges
- Collateral Security Agreements
- Assignments of Permits, Plans & Professionals
- Indemnity Agreements
- SPE/SPV Restrictive Agreements
- Corporate Authorizations and Consents
- Disclosure Packages
- Limited / Bad Boy Guarantees
- Opinion Letters
- Comfort Letters
Closing Services
In addition to the preparation of loan documents, our Closing Services team can assist in the loan closing process for a seamless experience as you fund your loans. A general breakdown of our drafting and closing service includes:
- Review of entity documents to confirm signature blocks for all entity borrowers and guarantors
- Review of preliminary title report and coordination with title to confirm title insurance is in the proper amount with relevant endorsements obtained and exception items cleared
- Drafting of loan documents, inclusive of an assignment and allonge if necessary if you are table funding the loan
- Coordinating the closing to assist with the following:
- Review and approval of executed loan documents
- Coordination of title review and requesting additional items from title
- Review of settlement statement/HUD
- Review of certificate of insurance (liability and property)
- Review of proforma or marked up preliminary title report
- Final authorization and approval to close
Our experienced team of closing attorneys and processors has experience with closing loans nationwide. We are able to swiftly navigate your closing issues and approach each closing with a problem-solving mindset.
Beyond Loan Documents
Our attorneys are here to help you with the preparation of all documents you will need to succeed in the marketplace.
Secondary Market Documentation
Once you make the loan, you may be considering selling, participating, hypothecating or otherwise conducting a secondary market transaction with your loan. Know that our team is in your corner and will be able to provide you peace of mind through any secondary market transaction. We commonly prepare and negotiate for both sides the following documents for a secondary market transaction:
- Master Purchase and Loan Sale Agreements
- A/B Sales
- Single Loan Sale Agreements
- Loan Participations
- Hypothecations
- Collateralized Loan Obligations (CLO) and other securitization preparations
Agreements for Portfolio Lenders
Often, after you make a loan, you will need to execute small or large changes to the underlying loan documents. Our team has tremendous depth and experience in the preparation and negotiation of the following:
- Modification Agreements
- Extension Agreements
- Loan Assumption Agreements
- Changes in Terms
- Addenda
- Amendments
Non-Loan Related Documents
We understand that you are also an operating business. For mortgage professionals, we prepare and negotiate many side agreements not directly related to a loan file such as:
- Broker Agreements
- Loan Servicing Agreements
- Yield Spread Agreements
- NDAs
- Non-Circumvents
- A/B Investor Agreements
- LOIs
- Procurement Agreements
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Loan Document Preparation Resources
Contact Our Banking & Finance Team
Please note that our firm focuses primarily on private lenders. Unfortunately, we are unable to assist with consumer matters.
