At APEX Mortgage, we value the partnership we have with all of our brokers and understand their crucial role in the process of closing commercial mortgages. We routinely seek feedback from our brokers in order to improve our business and your experience with us. One of the most common things we hear is that our product is great, but that a larger maximum loan amount would make it even better. You asked; we listened.
APEX has increased our maximum loan amount to $1 million in all 43 states where we currently lend. Best of all, we can offer your client a fully amortizing, fixed rate loan for a term of 25 years.
Our goal in increasing our loan size is to help our brokers close more commercial mortgages for more of their non-bankable borrowers. We’re dedicated to working closely with our brokers to make the process of closing loans as smooth and simple as possible. Here’s what else you can expect when you work with APEX:
- We’ll protect your fee. Our brokers can make up to five points on each deal they submit. Your fee will be protected in the commitment letter that we send to your borrower, as well as on the HUD statement. In addition, we offer up to 2YSP on most loan types.
- We’ll respond quickly. At APEX Mortgage, we know your time is valuable, so we’ll let you know within 24-48 hours whether or not we can provide a commercial mortgage for your borrower.
- We have a variety of programs. APEX offers programs tailored to the needs of commercial property owners. Our commercial loan programs for debt consolidation, working capital, refinances, purchases and property improvements will fit the needs of many of your clients.
- We close loans fast. Because we’re not bound by the same regulations as banks, APEX‘s average closing time is within 3 weeks of submission. That means you’ll get your commission that much faster.
Commercial mortgage brokers play a major part in the success of our company, and we are committed to working closely with our brokers, providing them with excellent service and protecting their interests. We look forward to further developing our business relationship and closing more loans with this new $1 million maximum loan amount.