There are a number of factors that contribute to the success of a commercial mortgage broker, but earning the trust of borrowers and referral sources is one of the most important. People aren’t going to work with someone in whom they don’t have confidence, so it’s crucial to establish your skill and credibility early on. […]
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Whether it’s at a conference for real estate professionals, a local chamber of commerce meeting or a webinar, the presentation is a useful tool for commercial mortgage brokers seeking new clients and referral sources. This is especially true if you work in the non-conforming commercial mortgage niche. A presentation is a great opportunity for you […]
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If you want to increase your business and earn more, there’s a simple solution: small-balance commercial mortgages. For brokers who already have residential experience, closing mortgages for non-bankable clients in need of financing for their commercial properties is an easy way to expand your product offerings. Here’s what you need to do to succeed in […]
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Sometimes they’re called commercial account executives. At other mortgage companies, they’re referred to as business development offices or sales reps. Regardless, these are the individuals to whom you’ll be sending your mortgage requests if you’ve decided to get involved in the commercial industry, so it’s important to develop good partnerships with these people. Here are […]
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For residential brokers looking to expand their business and earn more, the small-balance commercial mortgage niche is a great opportunity. There are small business owners all over the country who cannot qualify for a bank loan and need assistance to find alternative financing. Here’s what you should do if you’d like to begin working in […]
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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 […]
Closing deals is the goal of every commercial mortgage broker, but to do that, you need to find the right lenders for you and your borrowers. If you’re operating in the small-balance niche, this is especially important since these deals can be a little more complicated than a scenario that qualifies for bank financing. Here […]
Read More… from Four Qualities of a Great Small-Balance Commercial Lender
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 […]
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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 […]
As the holiday season begins and the current year starts to wind down, it’s a great time for commercial mortgage brokers to focus on driving in new commercial mortgage leads. This will allow you to build up a strong pipeline for the New Year, and perhaps to close a few more loans and earn some […]
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