The commercial and multifamily lending niche is projected to have a record year in 2019 and to continue its growth in 2020, according to the Mortgage Bankers Association (MBA). Commercial and multifamily originations in 2019 will hit a record $652 billion of loans backed by income-producing properties, according to MBA’s forecast. This marks a 14% […]
Read More… from Demand for Commercial and Multifamily Financing Is A Great Opportunity for Brokers
As a residential mortgage broker, chances are you’re always looking for ways to increase your revenue. If this is the case, you’re in luck. There’s an under-served market with plenty of pent-up demand that any residential broker can navigate with the right know-how: small multifamily mortgages. You may ask, “I understand multifamily mortgages, but why […]
Read More… from Expand your offerings with small-balance multifamily mortgages
Builder confidence in the multifamily market remained steady in the first quarter of 2018, according to both the Multifamily Production Index (MPI) and the Multifamily Vacancy Index (MVI), reports released by the National Association of Home Builders (NAHB). “Multifamily builders and developers are reporting solid demand around the country, as shown in the vacancy rate […]
Read More… from Opportunity for Brokers in the Multifamily Mortgage Market
For residential brokers looking to increase business by expanding their product offerings, small-balance commercial mortgages are a great option. And for brokers new to commercial mortgages, connecting with borrowers who need to finance multifamily properties is a great way to transition into the industry. Why target the multifamily market? Multifamily properties are reliably popular with […]
Commercial and multifamily mortgage originations will rise to $515 billion in 2017, up 5 % from 2016, according to projections from the Mortgage Bankers Association (MBA). MBA expects volumes to remain around this level in 2018. Multifamily mortgages originations alone are expected to reach $235 billion in 2017, with total multifamily lending at $271 billion. […]
Read More… from Commercial Mortgage Originations to Increase in 2017
At the end of the second quarter, commercial and multifamily mortgage debt outstanding reached a total of $3.06 trillion, according to the Mortgage Bankers Association’s (MBA) most recent Commercial/Multifamily Mortgage Debt Outstanding report. The total level of commercial and multifamily mortgage debt outstanding rose $48.7 billion or 1.6% from the first quarter of 2017. Multifamily […]
Read More… from MBA: Commercial Mortgage Debt Increases, Delinquencies Remain Low
For brokers looking to close small-balance commercial mortgages, borrowers looking to finance investment properties are a solid segment of the market. Whether your borrower is looking to finance something as simple as a multifamily property or something a little more complex, like a shopping center, brokers need to know how to present these requests to […]
Read More… from Getting Your Commercial Borrower a Mortgage for an Investment Property
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 […]
Read More… from APEX Gives Brokers the Freedom to Earn More Money
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 […]
Read More… from New Commercial Mortgage Program with a 6.5% Starting Rate!
Commercial and multifamily mortgage originations rose by 9% year-over-year in the first quarter, according to data from the Mortgage Bankers Association (MBA). First quarter originations fell 27% from the fourth quarter of 2016, which is in line with seasonality of the market according to the organization. The year-over-year rise was fueled by year-over-year increases in […]
Read More… from Year-Over-Year Increase in Commercial Mortgage Originations