While much of the country still has a ways to go before temperatures cool and it really starts feeling like fall, one indicator that the seasons are changing is now beginning: football. Football is a game that requires determination, strategy, and teamwork to achieve success. These are also crucial factors that will determine whether a […]
Read More… from How Closing Commercial Mortgages is Like Football
Owning the property out of which their business operates is a dream for many small business owners. It makes their lives much simpler and allows for greater control of their finances and business. Whether your borrower is looking to purchase the space they rent, expand their current operations or own an investment property, as a […]
Read More… from Securing Your Borrower Mortgage for a Commercial Property Purchase
Commercial and multifamily mortgage originations in 2017 were up 15% over 2016, according to estimates from the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. According to the data, there was a 9% increase in originations over the third quarter and a 10% increase compared to the fourth quarter of 2016. “Based […]
Read More… from Take Advantage of the Strong Commercial Mortgage Market
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 […]
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 […]
Read More… from Connecting with Small-Balance Commercial Mortgage Lenders
Closing small-balance commercial mortgages is a simple way for brokers to earn more if they understand how to approach the niche. This market offers many brokers the opportunity to expand their product offerings and earn more without much extra work. If you’re looking to close more small commercial mortgages, here’s what you need to do: Get to […]
Read More… from Growing Your Business with Small-Balance Commercial Mortgages
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 […]
Read More… from Closing Non-Conforming Commercial Mortgages is Easy