Residential brokers looking to earn more and grow their business have a great option in small-balance commercial mortgages. Closing loans within this niche is simple, fast, and allows brokers to make more money while continuing to work with residential borrowers. However, it’s important to know the differences between residential and small-balance commercial mortgages. Here’s what […]
Category: Commercial Mortgage Lenders
APEX Gives Brokers the Freedom to Earn More Money
Today, APEX Mortgage would like to wish brokers a Happy Fourth of July! We hope your holiday is fun, safe and relaxing. When the cookouts are finished and the fireworks have fizzled out, we’d like to remind you that APEX offers our commercial mortgage brokers the opportunity to make more money with less hassle. Here’s […]
How to Spot a Non-Bankable Commercial Mortgage Borrower
As a broker, your job is to work with borrowers to help them obtain the best possible commercial mortgage for their situation. In order to do this, you need to be able to quickly assess whether your borrower will qualify for a bank loan or whether they’ll need alternative financing. That way, you can start […]
New Commercial Mortgage Program with a 6.5% Starting Rate!
At APEX Mortgage, we value the partnerships we’ve formed with our brokers and we understand their essential role in the process of closing small-balance commercial mortgages. We routinely seek feedback from our brokers in order to enhance our business and your experience with us. And one of the most common things our brokers have requested is […]
When does your borrower need a non-conforming commercial mortgage?
For plenty of small business owners, obtaining a commercial mortgage from a traditional source like a bank or credit union won’t be an issue. However, many of these borrowers face obstacles that will keep them from getting a bank loan. As a commercial mortgage broker, it’s important for you to be able to determine quickly […]
Five Questions to Ask Small-Balance Commercial Mortgage Lenders
For brokers new to the small-balance commercial mortgage niche, one of the most crucial pieces of your success will be finding the right lender. In order to determine if a lender is right for you, it’s important to get to know them and ask them for as much information about their process as possible. Here […]
How to Close a Challenging Small-Balance Commercial Mortgage
Every broker working to close small-balance commercial mortgages has dealt with loans that present a challenge. Deals involving non-bankable small business owners often present unique sets of obstacles such as less-than-stellar credit, delinquent taxes or issues regarding income verification. Certainly knowing when to turn down a commercial mortgage request is important, but brokers also need […]
The Best Choice for Small-Balance Commercial Lending
Closing commercial mortgages for non-bankable borrowers is a great way for brokers to expand their business and earn additional income. In order to succeed, it’s important to choose the right small-balance commercial mortgage lender. For brokers seeking a stable and seasoned funding source for their borrowers and an opportunity to earn great commissions, APEX Mortgage […]
The Benefits of Working with a Commercial Portfolio Lender
For commercial mortgage brokers, choosing lenders to work with is a crucial decision in determining their success in the industry. Commercial lenders fall into two main categories: those who securitize and sell off their loans and those who don’t, or portfolio lenders. There are benefits to working with both types of lenders, but portfolio lenders […]
A Strong Year Expected for Commercial Mortgages
Commercial and multifamily mortgage originations are expected to increase, according to the Mortgage Bankers Association (MBA). The MBA’s survey of top commercial and origination firms found that lenders’ appetites to place new loans and borrowers’ appetite to borrow remain strong. Roughly two-thirds of the lenders surveyed anticipate originations to increase in 2017, with about a […]