Personal Financial Statement, REO & Debt Schedules
When you apply for a loan or refinance, the lender wants to see everything you own and owe, on their forms and usually right away. We complete your Personal Financial Statement and REO schedule forms and maintain your debt schedule using the numbers in your QuickBooks Online books, so what you send matches what the lender will find. Available as an add-on to any monthly bookkeeping plan.
What We Handle
- Completing Personal Financial Statement (PFS) forms on the lender's own template
- A Real Estate Owned (REO) schedule listing each property's value, loan, monthly payment and rental income
- A debt schedule for mortgages, lines of credit and notes, showing balance, rate, payment and maturity date
- Checking loan balances against lender statements and your books
- Splitting loan payments into principal and interest so balances stay accurate
- Updating the schedules when you buy, sell or refinance
Common Challenges We Fix
- Starting a PFS from a blank form each time a bank asks
- A schedule showing one loan balance while the books show another
- Rents and mortgage payments mixed together, so no one can see how each property performs
Common Questions
Can you use my bank's form?
Yes. Send us the form your lender requires and we'll complete it for your review and signature.
Who decides what my properties are worth?
You do, or your appraiser. We enter the values you give us and support the loan, payment and rent figures from your books.
Can you advise me on the loan itself?
No. We prepare the paperwork. Decisions about the loan stay with you, your lender and your advisors.
How is this priced?
It's an add-on to our monthly plans. Pricing depends on how many properties and loans you have, and we'll quote it after a look at your books.
The next time a lender asks, your paperwork is current, consistent with your books and ready for your signature.
Buying, refinancing or building a portfolio? Let's talk.
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