Welcome to APEX Mortgage

Most Common Underwriting Questions (and Answers) with APEX’s Underwriting Manager

Underwriting FAQ

If you’re a mortgage broker, a small business owner, or a commercial property investor who’s new to small-balance commercial mortgages, the underwriting process can seem difficult to understand. At APEX, we’re committed to helping our brokers and borrowers succeed, and giving you the knowledge to do so is a high priority. So, we sat down […]

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Demand for Commercial and Multifamily Financing Is A Great Opportunity for Brokers

Commercial Multifamily Financing

The commercial and multifamily lending niche is projected to have a record year in 2019 and to continue its growth in 2020, according to the Mortgage Bankers Association (MBA). Commercial and multifamily originations in 2019 will hit a record $652 billion of loans backed by income-producing properties, according to MBA’s forecast. This marks a 14% […]

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Closing Non-Conforming Commercial Mortgages is Easy

Brokers looking to expand their business and earn more have a great opportunity in the form of small-balance commercial mortgages for non-bankable borrowers. This market is under served, and it’s simple to get started and close these loans. Here’s what you can expect when you begin working on these types of deals: Low-doc submission: When […]

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Funding Industrial Properties

Industrial properties can be a challenge for borrowers seeking commercial financing. Banks and other traditional lenders are less likely to be interested in lending on smaller industrial buildings, so it’s important for borrowers to have an alternative. Brokers who specialize in the small-balance niche should be prepared to assist borrowers with industrial buildings in finding […]

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Understanding the Non-Conforming Commercial Mortgage Process

Brokers seeking to expand their product offerings and increase their income need to look no further than the occasional small-balance commercial mortgage deals that cross their desks. These loans are a quick and easy way to earn more as long as you understand the process and choose the correct lender. Here’s what every broker considering […]

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Important Questions to Ask Your Commercial Mortgage Borrowers

One of the best ways to impress small-balance commercial mortgage lenders is to provide them with plenty of information up front. This helps your lender to better understand and underwrite each deal, saves time and leads to faster closings. Here is some crucial information that every small-balance commercial mortgage lender will need to know: What […]

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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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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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The Importance of Credit Reports in Commercial Mortgage Lending

A borrower’s credit is one of the most important metrics a commercial mortgage lender uses to determine their financial strength, as well as the terms of the mortgage. Because of this, it’s crucial for brokers to understand the significance of credit reports and the differences that may appear between the free credit sites, as well […]

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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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