Commercial Lending

ORMS EnviroFlashâ„¢

Used to screen properties for issues at the subject property and adjoining properties. It includes a complete database report that is used in a standard Phase I report which includes full detail and a larger radius. It also includes an opinion and recommendations by an environmental professional.

Turnaround Time: 2-4 Business Days

ORMS Desktop Review

Used for both conventional and SBA loans to screen lower risk properties. ORMS Desktop Review is compliant with the SBA Records Search with Risk Assessment (RSRA) that is part of its Standard Operating Procedures SOP 50 10 5(H). In addition, ORMS is able to assist lenders and Certified Development Companies with submissions to the SBA to maximize the chance that it will be accepted by the SBA.

Turnaround Time: 4-6 Business Days

ORMS Property File Review

Used in situations where MFCU may obtain an older report or a report prepared for another user. ORMS Property File Review includes a review of the reports provided and includes an opinion and recommendations by an environmental professional. This product may or may not include an updated database report depending on the age of the report.

Turnaround Time: 4-6 Business Days