https://innago.com/pro-forma-template/
Lenders typically require a pro forma statement when evaluating a loan application for a real estate transaction. Financial institutions use these projections to assess the borrower’s ability to repay the loan, ensuring that the property will generate sufficient cash flow to cover debt service and operating expenses. A well-prepared pro forma can increase the chances of loan approval, as it demonstrates the property's financial stability and future potential.
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