Understanding the type of mortgage your borrower needs and choosing the right lender for them is an important part of your success as a broker. Commercial borrowers come in all stripes, so it’s crucial for you to be able to evaluate their situation and to help them choose a lender and a loan that will […]
Read More… from Help Your Commercial Mortgage Borrower Make the Right Choice
At APEX, we know businesses of all sizes are struggling because of covid-19 and the resulting economic slowdown, but it won’t always be that way. We can’t know for sure what our new normal is going to look like, but it’s safe to say that once small businesses get back on their feet, they’ll need […]
Read More… from From Residential To Commercial Mortgages: How To Expand Your Offerings
If you’re a broker and you’re ignoring commercial mortgages entirely, you’re losing out on a lot of business. Last year closed out strong, according to the Mortgage Bankers Association, and they’re projecting that 2020 is going to look even better. If you don’t want to leave money on the table, focusing some of your efforts […]
Read More… from Why brokers should focus on business mortgage loans
For mortgage brokers who are new to small-balance commercial mortgages, marketing your services is crucial to securing leads and closing deals. At APEX, supporting our brokers so that they can succeed is a top priority, and that includes giving you the knowledge and tools you need to sell your skills. So, in that spirit, here […]
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 […]
Read More… from Most Common Underwriting Questions (and Answers) with APEX’s Underwriting Manager
If you’re a mortgage broker, a small business owner, or a commercial property investor who’s new to small-balance commercial mortgages, trying to learn about alternative financing can seem intimidating. But it doesn’t have to be. At APEX, we’re committed to providing brokers and borrowers with the information that they need to make the best decisions […]
Read More… from Commercial Mortgage Questions (and Answers) with APEX’s Drew Culkin
If you’re a residential broker looking to expand your product offerings to include small commercial mortgages, marketing yourself appropriately will be a key factor in determining your success. You need to prepare yourself to become a competent and skilled commercial broker. If you don’t devote any time or effort to developing and promoting your skills […]
Read More… from Commercial Mortgage Marketing Tactics for New Brokers
For brokers, one of the most important factors to consider when choosing a commercial mortgage lender is their flexibility when it comes to getting deals done. And while small-balance commercial lenders are generally much more flexible than banks and other traditional lenders, many cannot provide borrowers with a particular type of financing solution – the […]
Read More… from Getting Your Commercial Borrower a Blanket Mortgage
Closing small-balance commercial mortgages is a quick and easy way for brokers to increase their income. However, in order to close these loans, you need to understand the borrower’s you’ll be working with and the challenges they’ve faced. Being able to tell whether your borrower will qualify for bank financing or whether they’ll need an […]
Read More… from Know What Makes a Commercial Mortgage Borrower Non-Bankable
For residential mortgage brokers looking to increase their income and expand their business, the small-balance commercial mortgage niche offers plenty of opportunity. This underserved market is full of borrowers who will benefit from your expertise. Of course, if you’re new to commercial mortgages, you probably have some questions. Here’s some basic information to get you […]