Welcome to APEX Mortgage

How a Commercial Mortgage Lender Calculates Loan-to-Value

There are a number of factors that a small-balance commercial mortgage lender takes into consideration when determining the loan-to-value (LTV) percentage that they’re willing to offer a borrower. The LTV is the ratio of the loan amount to the value of the property, and is calculated using information about the borrower and the property. Here’s […]

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Describing Your Borrower’s Commercial Property to the Lender

A borrower’s collateral is one of the most important factors that a small-balance commercial mortgage lender considers when evaluating a request for financing. Because of this, it’s crucial for commercial mortgage brokers to gather as much information about the property and its uses before submitting the deal. Not only will this solidify your reputation as […]

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Helping Your Commercial Borrower Craft a Letter of Explanation

When you’re working with a non-bankable borrower seeking financing for their commercial property, it’s important to understand and be able to account for any obstacles they’ve faced in the past. As the commercial mortgage broker, you’ll be sending your lender various pieces of information, such as a credit report or bank statements, that might not […]

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APEX Guides Brokers Through the Commercial Mortgage Process

Brokers looking to begin closing small-balance commercial mortgages need to consider carefully the lender they choose to work with. It’s important to find a lender who understands the needs of commercial brokers and will work closely with them in order to close more loans and help to further develop their skills. At APEX, we value […]

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What Every Broker Should Know About Commercial Appraisals

A major part of determining the size of a small-balance commercial mortgage is understanding the value of the property that your borrower plans to pledge as collateral. The best way to determine this value is through an appraisal report. Because they’re such crucial tools in the lending process, it’s important for brokers to understand a […]

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Obtaining a Commercial Mortgage for Your Borrower’s Investment Property

In the small-balance commercial mortgage industry, it’s not uncommon for brokers to be contacted by investment property owners looking to secure financing for their buildings. Whether their collateral is a traditional investment property like a multifamily or apartment building or a more commercial building such as a small shopping center, it’s important for brokers to […]

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Go for the Gold with Small-Balance Commercial Mortgages

The swimming and track relays are some of the most exciting events of the Summer Olympics. Every four years, a team of athletes puts their training to the test to go for the gold, relying on drive, endurance and teamwork to make their home country proud. Like these athletes, commercial mortgage brokers must rely on […]

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Answering Common Questions About Small-Balance Commercial Mortgages

At APEX Mortgage, we get a lot of questions from brokers about the process of finding and closing small-balance commercial mortgages. Many mortgage brokers are interested in the product, but aren’t sure how to get started brokering these loans. Whether you’re a residential broker looking to close the occasional small-balance commercial mortgage or a commercial […]

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Ensuring a Commercial Mortgage Closes Fast

Brokers closing small-balance commercial mortgages for non-bankable borrowers are no strangers to deals where time is of the essence. In these cases, it’s crucial to make sure that the deal closes as quickly as possible so that your borrower is able to obtain the mortgage they need. Here’s how you can avoid delays throughout the […]

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Impressing a Commercial Mortgage Underwriter

In order to close more small-balance commercial mortgages, your submissions should be as complete as possible. This allows your underwriters to review your borrower’s financing request quickly, and shows them that you take your position as a mortgage broker seriously. Submitting incomplete deals means your underwriters end up doing a lot of extra work, which […]

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