Read Financial Statements Like a Lender

Learn how to review and interpret the financial statements lenders use in commercial real estate underwriting, including what they are looking for and how the numbers are evaluated.

Understand Income and Expense Analysis

Gain a working knowledge of how income and expenses are analyzed in commercial underwriting and why accurate financial data is critical to how a deal is structured and approved.

Speak the Language of Commercial Underwriting

Build the vocabulary and foundational knowledge to discuss financial statements confidently with lenders, clients, and partners on every commercial transaction.

Do you know how lenders evaluate the numbers behind a commercial real estate deal?

Many brokers can put a deal together but struggle when it comes to reading and interpreting the financial statements lenders rely on to make their decisions. This course closes that gap. You'll learn how to read and interpret the key financial statements used in commercial real estate underwriting, what lenders are looking for, and how the numbers influence the outcome of a deal. What you'll walk away with: A clear understanding of the financial statements used in commercial underwriting The ability to evaluate income and expenses the way lenders do Greater confidence discussing the numbers with lenders and clients Ready to get started? Enroll today and build the financial foundation every commercial lending professional needs.

Academy For Commercial Lending

Hi, I'm Michael Boggiano. I've spent more than 25 years originating and structuring commercial real estate loans with a focus on small balance and multifamily lending. My experience was built transaction by transaction, learning how lenders evaluate risk and what it takes to move a deal from initial review through closing. Early in my career I noticed a real lack of practical guidance on how these deals actually work. That gap is what led me to create the Academy for Commercial Lending. My goal is to help mortgage professionals build genuine confidence, understand how lenders think, and approach commercial lending with a stronger foundation. If you've been looking for real-world insight from someone who has worked through these transactions firsthand, you're in the right place.

Curriculum

9 Chapters · 17 Lessons

  1. 1

    Chapter 1

    1. (Included in full purchase)

      Introduction

    2. (Included in full purchase)

      Chapter Quiz

  2. 2

    Chapter 2

    1. (Included in full purchase)

      From Overview to Application

    2. (Included in full purchase)

      Chapter Quiz

  3. 3

    Chapter 3

    1. (Included in full purchase)

      Property Level Financial Analysis

    2. (Included in full purchase)

      Chapter Quiz

  4. 4

    Chapter 4

    1. (Included in full purchase)

      Borrower Financial Profile

    2. (Included in full purchase)

      Chapter Quiz

  5. 5

    Chapter 5

    1. (Included in full purchase)

      Supporting Documents

    2. (Included in full purchase)

      Chapter Quiz

  6. 6

    Chapter 6

    1. (Included in full purchase)

      Cash Flow and Loan Sizing

    2. (Included in full purchase)

      Chapter Quiz

  7. 7

    Chapter 7

    1. (Included in full purchase)

      Execution and Wrap-Up

  8. 8

    Final Exam

    1. (Included in full purchase)

      Final Exam

  9. 9

    The Five C's Of Credit Handout

    1. (Included in full purchase)

      Five C's of Credit

    2. (Included in full purchase)

      Rent Roll Handout

    3. (Included in full purchase)

      Rent Roll Handout Answer Key

What Brokers and Investors Are Saying

Practical training built around real underwriting, real deals, and real execution.

”
The course bridges the gap between residential and commercial better than anything I’ve seen. It simplifies the transition without watering it down
John D.

Mortgage Broker, Jacksonville, FL

”
After going through the material, I feel more confident analyzing deals and speaking with clients at a higher level.
Anna W.

New Commercial Broker, Albany, NY

”
The biggest takeaway for me was understanding how to present a deal the right way. That alone changed my conversations with lenders.
Rich L.

Loan Originator, Charlotte, NC

”
The course bridges the gap between residential and commercial better than anything I’ve seen. It simplifies the transition without watering it down.
Sam J.

Investor Austin, TX

Start Structuring Commercial Deals with Confidence

Seal the deal with a bit more content that supports the main call to action.

$199.00

Enroll now