Welcome to APEX Mortgage

Add Small Commercial Mortgages To Your Product Offerings

Residential mortgage brokers are always looking for new ways to increase revenue. There’s a simple way to make more cash this year – adding small commercial mortgages to the products you offer! Borrowers looking for small commercial mortgage financing are an underserved market, and brokers willing to help these customers find loans stand to make more […]

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Four Ways to Improve Your Small Commercial Mortgage Broker Business in 2014

As 2013 comes to a close, it’s time to start thinking about how you can up your game as a small commercial mortgage broker in the New Year. The end of the year is a great time to look back and evaluate your current marketing efforts and to plan a strategy for 2014. Here are […]

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Factors Considered By A Small Commercial Mortgage Lender When Determining LTV

A small commercial mortgage lender takes plenty of details into account before deciding on the loan-to-value (LTV) percentage they’re willing to offer a borrower. The LTV is the ratio of the loan amount to the value of the property, and it is determined by the borrower and the property. Here are the factors of a […]

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Managing the Small Commercial Mortgage Process

When working with small commercial mortgage loans, it’s important to manage your time wisely, be up front with your lenders and borrowers, and properly prepare your borrowers for the lending process. It all comes down to having a few open and honest conversations with your lender and your client. Following the advice below will help […]

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Can Your Borrower Repay A Small Commercial Mortgage?Understanding Debt Service Coverage Level (DSCL)

Any small commercial mortgage lender is going to want to make sure its borrowers can repay their loans. When considering financing for an investment property, lenders will calculate the debt service coverage ratio (DSCR) in order to determine whether borrowers can make their monthly payments. It’s a simple equation, and it will give you a […]

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4 Questions Brokers Need To Ask Borrowers

A non-bankable borrower comes to you with a request for commercial financing. As a broker, you get the process started by completing a 1003 or personal financial statement with the borrower and pulling a tri-merge credit report. This will give you most of the important information a lender needs, but there are a few questions […]

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Mortgage Lending Process Tips for Brokers

As a broker, it’s your goal to get your clients the financing they need. However, there’s some work that needs to be done before you can seal the deal with a lender. Here are some tips for brokers on how to gather the information you need and present it to the lender in such a […]

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Networking Tips for Mortgage Professionals

There are many ways to develop business relationships from your office, such as phone calls, emails, and social media posts. However, it’s a good idea to host the occasional networking event for your clients and experience some face-to-face interaction with the people you do business with. An important component of these networking events is often […]

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Debunking the 5 Myths about Commercial Lending

Myth #1: Commercial lending is hard because of all the paperwork and calculations. Commercial lending requires no more effort than a basic home refi. All you need to do is complete a 1003, or any proprietary application form, for all the owners or stockholders of the property. There are many lenders that will look at […]

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Top Questions to Ask Commercial Lenders

As a mortgage broker, it’s important to keep the needs of your customers in mind as you look for commercial lending partners. Here are some questions you should always ask a lender. What kind of service can my customers expect? It’s important to keep in mind that at some point the commercial lender you select […]

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