Application packages for lenders
Structured, organised, complete. One link with everything in order.
An application package leaves your desk as eleven attachments across four emails, with three superseded versions of the same rent roll in circulation. Whoever receives it spends an afternoon working out what they've actually got before they can assess anything.
What changes
Everything in one place, in order.
The package is a structured room, not a folder — financials, rent roll, appraisal, environmental, entity documents, each in its own section, in the sequence a reviewer needs them.
One link, not eleven attachments.
Nothing bounces on size. Nothing gets missed because it was in the third email.
And they can send documents back.
Add someone as a folder collaborator with permission to add files but not delete them, and the borrower loads what you've asked for straight into the right section — no more chasing it over text, and what's still outstanding is visible rather than reconstructed from a message history. They'll create a free Shrubs account to do it, which takes about a minute and no card.
Always the current version.
Documents update in place. Nobody works from rentroll_FINAL_v3 while someone else has rentroll_updated. Revise a report and everyone has the revision.
Controlled distribution.
Permissions are per section. Credit sees everything. Outside counsel sees a defined slice. A participant lender sees what you decide — same package, different views, no separate versions to maintain.
A record of who reviewed what.
Who opened which section, when, for how long. Useful while the file is live, and considerably more useful a year later.
Traceable.
Switch on watermarking and anything leaving carries the recipient's identity — worth it on any package containing borrower financials.
Build the structure once.
Turn a completed package into a template. Every subsequent file starts in the same shape, which is how a standard actually gets enforced.
Also useful
Threaded comments sit on the individual document, so a question about the appraisal stays attached to the appraisal rather than living in someone's inbox.