Welcome to APEX Mortgage

Sell Small-Balance Commercial Mortgages as Tools

Selling non-conforming, small-balance commercial mortgages to your non-bankable borrowers can be a challenge, especially if they expected bank terms and rates. When selling this type of loan to your clients, it’s important to remember that you need to present the mortgage as a means to an end. First, you need to find out what your […]

Read More…

Connecting with Small-Balance Commercial Borrowers

Commercial mortgage brokers are always looking for new borrowers through their referral network and social media.  But what about the small business you visit on a regular basis? There are plenty of mom-and-pop businesses housed in small commercial properties in your community who might have trouble securing bank financing. Talk to these owners when you […]

Read More…

Convincing a Commercial Lender to Look Past a Credit Score

Small business owners with less-than-stellar credit histories still need commercial mortgages. As a commercial broker, your job is to find a lender willing to work with these borrowers and to convince the lender that they can handle taking on new debt. Proving that your borrower’s credit issues are behind them means you need to provide […]

Read More…

How to Write an Effective Loan Submission Summary

There is not a single small business lender who does not appreciate a clear, concise loan summary when evaluating a commercial loan scenario. When you submit your borrower’s deal, it’s important that you draft a summary of the deal, including information about your borrower and the loan. Here’s how to write a loan submission summary […]

Read More…

How to Deliver Bad News to Your Commercial Borrower

Every commercial mortgage broker wants each of their deals to go off without a hitch. However, there will be times when you have to face telling your client that things won’t be going as smoothly as you’d hoped. Perhaps the rate is much higher than your client anticipated, or maybe there are other unfavorable terms. […]

Read More…

House Debates Changes to Credit Reporting Laws

The debate over credit reporting practices continues as one United States legislature has proposed removing negatives from credit reports, according to a report in the Miami Herald. At a hearing before the House Financial Services Committee, Rep. Maxine Waters, D-California, proposed amending the federal Fair Credit Reporting Act to require the national credit bureaus to […]

Read More…

POP! Goes the Relationship: Is a Balloon Payment Loan Best for Your Commercial Borrower?

If you are in the mortgage brokering business for the long haul, you need to know the best outcomes for your borrowers.  As a commercial mortgage broker, it’s in your best interest to consider what’s best for your borrowers when it comes to loan terms. Many commercial lenders offer what at first glance seems like […]

Read More…

Scoring a Touchdown with your Small-Balance Commercial Lender

As the weather cools and the leaves begin to change, many people find themselves engaged in watching America’s most popular sport: football. While it might seem like there aren’t any similarities between a National Football League team and the relationship between mortgage brokers and their small-balance commercial lenders, you’ll see that thriving on the gridiron […]

Read More…

Social media & sharing icons powered by UltimatelySocial