Welcome to APEX Mortgage

It’s a Great Time to Start Brokering Commercial Mortgages

Residential mortgage applications decreased by 7.1% from the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 12, 2018. The Market Composite Index, which measures mortgage loan application volume, decreased 7.1% on a seasonally adjusted basis from one week prior. On an unadjusted basis, the Index […]

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How to Handle a Commercial Borrower’s Bank Turndown

Being turned down for a commercial bank loan can feel like the end of the road for a borrower. As a broker, it’s your job to let them know that they have other options and to find a lender and a commercial mortgage that best fits their needs. So, here’s how you should proceed when […]

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Close Commercial Mortgages with Ease

close commercial mortgages with ease

As a commercial mortgage broker, you’ve got one goal: Close deals. In order to do that, you need to take the time to prepare each deal as well as you can before submitting it to a lender. Having the right information, the necessary documents and a thorough knowledge of your borrower’s commercial mortgage request will […]

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How Closing Commercial Mortgages is Like Football

While much of the country still has a ways to go before temperatures cool and it really starts feeling like fall, one indicator that the seasons are changing is now beginning: football. Football is a game that requires determination, strategy, and teamwork to achieve success. These are also crucial factors that will determine whether a […]

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How to be a Commercial Mortgage Superhero

commercial mortgage superhero

As a commercial mortgage broker, you need to earn the trust of both borrowers and lenders in order to reach your full potential. Both parties are relying on your skills to make the commercial lending process simpler. Follow the tips below, and you’ll impress both borrowers and lenders, and gain the ability to close deals […]

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The Best Way to Sell Small-Balance Commercial Mortgages

the best way to sell small balance commercial mortgages

One of the most common challenges every commercial broker faces is selling alternative, small-balance mortgages to non-bankable borrowers. If your clients went into the process expecting bank rates and terms, it becomes even more difficult. The best way to sell small-balance commercial mortgages is to explain from the beginning about the type of loan your borrower […]

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Submitting a Commercial Purchase Mortgage Request

submitting a commercial purchase request

Throughout the country, there are small business owners looking to purchase the building out of which they operate or to expand their current business. This allows your borrower great control over their finances and business. Whether your borrower is looking to purchase an additional building or the space they currently rent, there’s some basic information […]

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Securing a Commercial Mortgage for an Auto Repair Property

auto repair commercial mortgage

There are plenty of small business owners out there looking for commercial mortgages for their auto repair properties, but it can be difficult for them to secure financing from a traditional lender. These are often small businesses, so it’s important for brokers working with these borrowers to choose a lender specializing in helping small business […]

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What Residential Brokers Can Expect Closing Small-Balance Commercial Mortgages

What Residential Brokers Can Expect Closing Small-Balance Commercial Mortgages

For residential mortgage brokers, the small-balance commercial mortgage industry can seem intimidating at first glance. However, closing these deals is a simple way to strengthen your pipeline, close more deals, and increase your income. So, how do small-balance commercial mortgage differ from the residential deals you already close? The application If you’re a broker who […]

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Getting Your Commercial Borrower a Blanket Mortgage

For brokers, one of the most important factors to consider when choosing a commercial mortgage lender is their flexibility when it comes to getting deals done. And while small-balance commercial lenders are generally much more flexible than banks and other traditional lenders, many cannot provide borrowers with a particular type of financing solution – the […]

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