Closing small-balance commercial mortgages is a great way for brokers to earn more as long as they understand how to go about it. As long as you take the time to understand each deal and collect the information your lenders will need, these loans are a simple way to increase business. Here are some simple […]
Category: Commercial Mortgage Processing
How to Close a Commercial Mortgage Quickly
Many borrowers seeking commercial financing need it fast. Whether they need the funds to pay off a ballooning mortgage, take advantage of a great inventory deal or purchase a property quickly, it’s a broker’s job to get them the mortgage they need in the timeframe they require. Here’s what you need to do: Find a […]
Connecting with Small-Balance Commercial Mortgage Lenders
A broker’s ability to close loans and earn income depends largely on their relationships with commercial mortgage lenders. For brokers interested in the small-balance niche, it’s crucial to note that these partnerships are very important in this smaller and often underserved market. Here are some tips on building strong connections with small-balance commercial mortgage lenders […]
Four Tips for a Smooth Commercial Mortgage Closing
Many borrowers rely on commercial mortgage brokers for a simple and smooth transaction, so it’s important to make sure you’re handling things correctly. Small-balance commercial mortgages don’t have to be difficult; you and your lender simply need to be on the same page. Here are some tips that will make closing commercial mortgages easy for […]
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 […]
Don’t Get Spooked by Small-Balance Commercial Mortgages
There’s no reason for brokers to be afraid of small-balance commercial mortgages. This niche presents a great opportunity for you to work in an under served segment of the industry and earn additional income. While it might seem challenging at first, working with a dependable lender like APEX Mortgage Corp. makes closing these loans simple. […]
Misconceptions About Commercial Mortgage Lending
If you’re a residential mortgage broker interested in closing commercial deals, you may be hesitating because of some misunderstandings about the process. For many, closing commercial mortgages is a simple way to earn additional income, and it can be for you too. Here are some common misconceptions about commercial mortgages as well as the truth […]
The Benefits of a Small-Balance Commercial Lender Who Handles Processing
Closing small-balance commercial mortgages can be an easy way for residential brokers to expand their product offerings and earn more. However, it’s important to determine whether a lender handles processing or whether you’ll be expected to take care of it yourself. It’s much simpler for brokers when the lender handles things like ordering the appraisal […]
Common Commercial Mortgage Broker Questions Answered
As a small-balance commercial mortgage lender with decades of experience, APEX Mortgage gets plenty of questions from brokers about the lending process and what we can offer them and their borrowers. Here are some of the most common questions we receive and their answers: Is my fee protected? At APEX, your fee is always protected. […]
The Small-Balance Commercial Difference: You Can Earn More
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 […]