For borrowers who own or are looking to purchase a smaller office building, obtaining a commercial mortgage can sometimes be a challenge. However, there are lenders who specialize in small-balance commercial mortgages who have the expertise to finance these properties. If you’re a broker working with a borrower seeking a small-balance product, these lenders are […]
Read More… from Securing a Commercial Mortgage for your Borrower’s Office Building
Commercial and multifamily mortgage originations for the first nine months of 2016 are up 2% from this time last year, according to a press release from the Mortgage Bankers Association (MBA). Commercial and multifamily originations for the third quarter of 2016 rose 5% from the same quarter last year and were up 7% from the […]
Read More… from Commercial Mortgage Originations Remain Steady Year-Over-Year
Originations in the commercial and multifamily mortgage sector were 1% higher than this time last year and 17% higher than in the first quarter of 2016, according to the Mortgage Bankers Association. The data comes from the organization’s Quarterly Survey of Commercial/Multifamily Mortgage Banker Originations. “Borrowing and lending backed by commercial and multifamily properties remained […]
Read More… from Strong Second Quarter for Commercial Mortgages
In a time where many families need both parents to work outside the home, child care is in demand. Despite this, if your borrower is a small business owner looking to start your own day care, expand their current business or make improvements to their existing property; it can be difficult to obtain a small-balance […]
Read More… from How to Finance Your Borrower’s Day Care Property
Obtaining a small-balance commercial mortgage for an office building can be difficult, but commercial mortgage brokers should know that there are commercial lenders out there who specialize in small-balance loans and can finance these properties. It’s important to note that there is some basic information you should obtain before submitting an office loan scenario to […]
Read More… from Getting your Borrower a Commercial Mortgage for an Office Building
This year, multifamily and apartment properties did very well, and a report from MPF Research, the market intelligence division of RealPage, Inc. confirms the progress. The rent growth pace for apartments in the United States increased to 4.7 percent, “a return to price inflation levels not seen since 2011,” according to Mortgage Professional America. Rents […]
Read More… from 2014 a “Record-Setter” for U.S. Rental Property Growth
Within the strengthening commercial mortgage market, several industries are showing substantial growth. According to a recent Bloomberg report, one of these is the self-storage business. Between 1998 and 2012, the number of self-storage facilities in the U.S. doubled to 15,000, according to Census data. Last year self-storage companies generated $24 billion in revenue. It stands […]
Read More… from Serving Commercial Borrowers with Self-Storage Properties
With commercial and multifamily loan origination volumes five percent higher than this time last year, now is a great time to expand into the small-balance commercial mortgage industry. This niche is under-served and full of potential, since small-balance loans don’t usually garner much interest from banks and other commercial lenders. As the economy continues to […]
Read More… from Commercial and Multifamily Originations Continued to Rise in Third Quarter of 2014
If you’re a commercial mortgage broker, chances are you come across non-bankable borrowers who are looking to purchase mixed-use buildings or who would like to refinance their properties and make some improvements or pay some bills. A loan with a small commercial mortgage lender can help your borrower achieve his or her financing goals. There […]
Read More… from Getting Your Borrower A Commercial Mortgage for Mixed-Use Property