Underwriting workflow in minutes, from the model you already use.

Examiner-ready credit analysis from your model. Every figure traced. Export gated by QA.

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Credit_Memo_Deal0047.docx

Export-ready

Lucent Flow · Generated output

Credit Memorandum

Deal No. 0047

May 20, 2026

Confidential

Borrower: Oak Ridge Holdings, LLC
Property: 124-unit multifamily · Denver, CO
Loan request: $14,200,000
Purpose: Bridge acquisition financing

1.0 Executive summary

The loan supports acquisition of a stabilized multifamily asset with in-place occupancy of 94.2%. Repayment is sourced to asset sale at an underwritten 6.5% cap rate and sponsor liquidity documented in the sources and uses schedule. All figures below trace to Bridge_Model_v3.xlsx.

2.0 Key credit metrics

Metric	Value	Source
Debt service coverage (DSCR)	1.31x	Model · P&I, Row 42
Debt yield	9.8%	NOI ÷ loan principal
Stabilized NOI	$842,000	Model · Tab 2, C14
As-stabilized LTV	68.2%	Model · Summary
As-stabilized value	$20,800,000	Appraisal · Exh. B

Figures update when the linked workbook changes. Export blocked if trace links break.

3.0 Repayment and exit

Primary exit: sale at stabilized NOI. Secondary: refinancing capacity per sponsor schedule. Sensitivity to a +50 bps rate move yields DSCR 1.18x (see Section 5.0).

Required sections completeAmounts traced to workbookExit strategy documented

0 blocking · 1 advisory

Sample output: professional credit analysis, layered QA before export.

Credit_Memo_Deal0047.docx · Committee draft

Lucent Flow · Generated output

Credit Memorandum

Deal No. 0047

May 20, 2026

Confidential

Borrower: Oak Ridge Holdings, LLC
Property: 124-unit multifamily · Denver, CO
Loan request: $14,200,000
Purpose: Bridge acquisition financing

1.0 Executive summary

2.0 Key credit metrics

Metric	Value	Source
Debt service coverage (DSCR)	1.31x	Model · P&I, Row 42
Debt yield	9.8%	NOI ÷ loan principal
Stabilized NOI	$842,000	Model · Tab 2, C14
As-stabilized LTV	68.2%	Model · Summary
As-stabilized value	$20,800,000	Appraisal · Exh. B

Figures update when the linked workbook changes. Export blocked if trace links break.

3.0 Repayment and exit

Primary exit: sale at stabilized NOI. Secondary: refinancing capacity per sponsor schedule. Sensitivity to a +50 bps rate move yields DSCR 1.18x (see Section 5.0).

Ready for credit committee packet

All blocking checks cleared · Metrics sourced · QA gate passed

Traditional workflow	Lucent workflow
Rebuild Excel formulas each deal	Deterministic engine from your model
Copy / paste into Word	Structured memo generated
Manual QA checks	Built-in validation gate
Inconsistent formats by LO	Standardized structure and policy

Analysis and AI where it helps. Control where it matters.

Charts and sensitivity from sourced inputs. AI assists memo drafting and firm customization. Calculations never leave the deterministic engine.

Automated charts

NOI, coverage, and deal visuals generated from your model. Committee-ready charts without rebuilding in Word.

NOI vs debt service

Model-sourced

DSCR

1.31x

Debt yield

9.8%

Spread

+42 bps

Underwritten NOIAnnual debt service

Sensitivity testing

Stress rates, LTV, NOI, and key drivers from sourced inputs. See how outcomes move before committee.

Stress scenarios

5 drivers

Scenario	DSCR	LTV
Base case	1.31x	68.2%
NOI −10%	1.18x	71.5%
Rate +100 bps	1.12x	68.2%
Cap rate +25 bps	1.09x	72.4%
Occupancy −5%	1.06x	74.1%

All scenarios recalc from linked workbook inputs

AI-assisted workflow

Flexible memo drafting in your firm's voice and structure. Custom fields, terminology, and policy rules. Calculations stay deterministic.

AI-assisted drafting

Firm voice · policy-aware

Active

Firm section labels & numbering
Required closing language
Forbidden phrase detection
Tone matched to prior memos

Suggested edit

Repayment is sourced to asset sale at a 6.5% cap per firm template §4.2.

Calculations locked · deterministic engine only

Underwriting workflow

One path from deal import to export.

Six controlled steps. Same sequence every deal. No side paths, no manual rework between tools.

Step 01 of 06

Import deal

Workbook mapped; fields remembered.

Model import

Mapped

Bridge_Model_v3.xlsx12 tabs

Property	NOI	Loan	Cap
Oak Ridge Apts	$842K	$14.2M	6.8%
Riverfront Plaza	$612K	$9.8M	7.1%

Built for controlled underwriting.

Deterministic calculations only. No AI on the math.
No invented figures in the memo body.
Every amount traced to your model inputs.
Export blocked until layered QA passes.

Built for your lending book.

Same workflow across deal types. Policy rules and memo structure follow your firm.

Asset-first bridge: exit strategy, LTC, as-stabilized LTV, documented and QA-gated before export.

Bring a live deal. See a complete memo in under 10 minutes.

We run your model through import, validation, and export on the call. No generic deck.

Prefer email? hello@lucentflow.co