Overview
Synovus Life offers rapid loan underwriting, processing and funding – our efficiency and speed are among the many factors that set us apart in the industry. In order to facilitate a smooth loan application and approval process, we ask prospective clients (or their financial professionals) to follow a clearly defined set of procedures.
Business Borrower
- (S-Corp, C-Corp, LLC and Partnerships).
- Signed Loan Underwriting Form.
- Corporate and Individual tax returns – complete with all schedules – signed and dated (last 2 consecutive years).
- Copy of Driver’s License.
- Insurance carrier illustration.
- Finance illustration, if prepared.
- State-certified corporate formation documents (i.e. Articles of Incorporation).
Trust Borrower
- Life Insurance Trust.
- Signed Loan Underwriting Form.
- Tax returns – signed and dated from either the Trust or Trust Grantor/Insured (last 2 consecutive years).
- Copy of Driver’s License.
- Insurance carrier illustration.
- Finance illustration, if prepared.
- Complete executed copy of trust documents.
Upon review, we may require other additional information.