Welcome to APEX Mortgage

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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How Brokers Can Impress Commercial Mortgage Account Executives

When a broker begins working with a small-balance commercial lender, their first point of contact is likely to be a mortgage account executive. The mortgage account executive’s job is to evaluate each deal a broker submits before sending it on to the underwriting department. Account executives are generally given incentives to close as many viable […]

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Essential Information Brokers Need from Borrowers to Submit Loans for Warehouse Purchases

Securing a small-balance commercial mortgage for a non-bankable borrower purchasing a warehouse building doesn’t have to be a challenge. There are non-conforming lenders who are willing to provide mortgages to borrowers looking to purchase or refinance warehouses. Before you contact your lender regarding a warehouse property, though, you should take the time to learn some […]

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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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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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Preparing Your Non-Bankable Commercial Mortgage Borrowers

Commercial mortgage brokers can face a number of objections from non-bankable borrowers throughout the lending process. However, many of these issues will cease to exist – or at least be easier to manage – if you simply prepare your borrower for the type of loan they can expect to qualify for. Here’s how to get […]

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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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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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June Resolution: Attract Quality Commercial Mortgage Leads

For mortgage brokers, drawing in the right kinds of borrowers looking for small-balance commercial financing is an important part of succeeding. This is particularly important in the summer months, since business is likely to slow slightly. In order to attract worthwhile leads, you need to be producing the right kind of content and reaching out […]

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Commercial Mortgage Delinquency Rates Remain Low

Commercial and multifamily mortgage delinquency rates stayed low in the first quarter of 2016, according to the Mortgage Bankers Association Commercial/Multifamily Delinquency Report. This analysis looks at commercial and multifamily delinquency rates for commercial banks and thrifts, life insurance companies, Freddie Mac, Fannie Mae and commercial mortgage-backed securities (CMBS). Together, these five groups hold more […]

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