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Checklist · Sponsors

Sponsor Package Checklist

Who is on the hook — net worth, portfolio, and the company that will own the loan.

Direct answerAn MLI sponsor package is the people behind the building: personal net worth per guarantor, liquidity, existing debt, a schedule of real estate owned, borrowing-entity articles and ownership, and related-party contracts. The property pack is a separate checklist.

Educational. Confirm live lender terms.

What this is

A gated checklist for guarantor and entity diligence on Canadian multifamily files, designed to sit next to the LendCity™ personal net worth spreadsheet.

One PNW per guarantor

Joint net worth stories fall apart in underwriting. The list forces a sheet per person.

Related-party contracts surface early

Sponsor-owned property management or GC contracts are not a surprise at commitment if you list them now.

Liquidity vs paper equity

Cash and securities are called out separately from real-estate equity you cannot pull.

Guarantor personal net worth 04

Complete one PNW per personal guarantor. Use the LendCity™ spreadsheet so assets, liabilities, and real estate owned land in one place.

  • Personal net worth statement per guarantor

    Download personal-net-worth-statement.xlsx and fill every section that applies.

  • Identity and employment on the PNW

    Legal name, address, employer, income, and credit-history questions.

  • Liquidity

    Cash, bank accounts, and marketable securities — Section A and B on the spreadsheet.

  • Existing debt

    Credit facilities, vehicle loans, and mortgage balances (owned share) — Sections D, F, and G.

Portfolio summary 02
  • Schedule of real estate owned

    Address, asset class, % owned, value, lender, and mortgage balance.

  • Aggregate units and debt

    Total doors, total mortgages, and a one-line cash-flow snapshot.

Corporate documents 02
  • Borrowing entity articles and ownership

    Who signs, who guarantees, and the org chart if more than one company.

  • Related-party contracts

    Property management or construction contracts with entities the sponsor controls.

Questions

Do all guarantors need a PNW?
Yes — complete the LendCity™ PNW workbook for each guarantor, including co-applicant columns where they apply.
Is a corporate balance sheet enough?
No. MLI files still want personal net worth on the people who guarantee, plus entity documents for the borrower.

Email to download

Name and email. We send the file and can follow up on the matching desk.

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