Whether you’re a commercial mortgage broker, a banker, an accountant or a financial advisor, you’re working with small business owners in your community. Many of these individuals are going to need mortgages, but won’t qualify for bank loans, so it’s important that you know where to direct them in order to help them achieve their […]
Read More… from Non-Conforming Commercial Mortgages Are a Great Tool for Small Businesses
In order to be successful, it’s important for mortgage brokers to work with a variety of lenders, including flexible lenders who specialize in small-balance commercial financing. While banks and other traditional funding sources are going to be important to your business, a small-balance commercial lender that offers flexibility will allow you to fund tougher deals […]
Read More… from The Benefits of a Flexible Commercial Mortgage Lender
If you’re a residential or commercial mortgage broker looking to increase your business and your income, working with non-bankable borrowers is a great place to start. For these borrowers, non-bank commercial mortgage lenders will obviously be your best bet. These lenders are a great resource and can help you close deals for borrowers who have […]
Read More… from The Benefits of Non-Bank Commercial Mortgage Lenders
There are plenty of things for brokers to consider when choosing commercial mortgage lenders to work with. What kind of rates do they offer? What are their terms like? Are there upfront fees? These are all important questions, but there’s another that you should also be asking lenders: Do you securitize and sell off your […]
Read More… from Commercial Portfolio Lenders Are a Great Choice for Brokers
Closing small-balance commercial mortgages for non-bankable borrowers is a team sport much like basketball. It requires a thorough knowledge of industry fundamentals, the right skills, the right plan, and the right people in place. A commercial mortgage broker is often a critical part of the commercial mortgage team, so it’s important for you to understand […]
Read More… from Score Points with Your Non-Conforming Commercial Mortgage Lender
Commercial borrowers who can’t qualify for bank financing have options, although they might not realize it. As a broker, you need to be able to present them with these alternatives and sell them on a non-conforming commercial mortgage. It’s not unusual for borrowers to have some reservations about alternative financing, but you can sell them […]
Read More… from Selling Alternative Financing to Your Non-Bankable Commercial Borrower
Many small business owners have trouble obtaining financing for their commercial property through banks. This is why they come to you, a commercial mortgage broker. It’s your job to get to know your clients, understand their financial situations and needs and get them the mortgage they need to accomplish their goals. In many cases, this […]
Read More… from When is a Small-Balance Commercial Mortgage Right for Your Borrower?
If you’re turning away borrowers who can’t obtain financing, you’re turning away income. The alternative commercial mortgage industry is an opportunity for brokers who are interested in bringing in new business. It’s an under-served market that more brokers should consider. If you decide you want to work in this niche, this is what you should […]
Read More… from Explore Alternative Commercial Mortgage Lending
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
Closing small-balance commercial mortgages is a quick and easy way for brokers to increase their income. However, in order to close these loans, you need to understand the borrower’s you’ll be working with and the challenges they’ve faced. Being able to tell whether your borrower will qualify for bank financing or whether they’ll need an […]
Read More… from Know What Makes a Commercial Mortgage Borrower Non-Bankable