A lender typically requires which of the following to assess tenant obligations in a multifamily loan?

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When evaluating a multifamily loan, lenders look at the rent roll to gauge cash flow from tenants. Current rents and security deposits show exactly what income is being generated, how long leases run, and what deposits are held. That information reveals tenant obligations (what renters owe and what security they’ve provided) and helps determine occupancy, potential rent increases, and overall stability of income, which in turn affects debt service coverage and risk.

Property tax assessments relate to costs the owner must pay, not how tenants will perform on their rent. Environmental reports focus on environmental risk, not tenant payments. The owner's mortgage terms pertain to the borrower's existing debt, not the occupants’ obligations.