There are plenty of small business owners with less-than-stellar credit who still need to obtain financing. As a commercial mortgage broker, it’s your job to find these non-bankable borrowers a lender that understands their unique set of challenges and can fund their mortgage request. In order to accomplish this, you need to be prepared to […]
Read More… from How to Handle a Commercial Borrower with Credit Problems
In terms of the lending puzzle, your mortgage borrower’s plans for the money are an important piece, and it’s your job as the broker to provide it. Along with information about your borrower’s credit history, property, and business, your small-balance commercial lender will want to know the use of proceeds in order to understand the […]
Read More… from Why Does Your Borrower Need a Small-Balance Commercial Mortgage?
For residential brokers looking to increase their income, adding small-balance commercial mortgages to your product offerings is a simple solution. With a little know-how and the right lending partner, these loans are easy to close. Here’s how you can get started offering small-balance commercial mortgages: Select the right lender. One of the most important ways […]
Read More… from Add Small-Balance Commercial Mortgages and Earn More
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
As a broker, your job is to work with borrowers to help them obtain the best possible commercial mortgage for their situation. In order to do this, you need to be able to quickly assess whether your borrower will qualify for a bank loan or whether they’ll need alternative financing. That way, you can start […]
Read More… from How to Spot a Non-Bankable Commercial Mortgage Borrower
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!
Working with a commercial mortgage lender that specializes in financing for non-bankable small business owners is a quick and simple way to earn additional income. That being said, it’s crucial for commercial mortgage brokers to choose a small business lender who keeps not only the needs of the borrower, but of the broker, in mind. […]
Read More… from Selecting the Best Small Business Commercial Mortgage Lender
For plenty of small business owners, obtaining a commercial mortgage from a traditional source like a bank or credit union won’t be an issue. However, many of these borrowers face obstacles that will keep them from getting a bank loan. As a commercial mortgage broker, it’s important for you to be able to determine quickly […]
Read More… from When does your borrower need a non-conforming commercial mortgage?
For brokers new to the small-balance commercial mortgage niche, one of the most crucial pieces of your success will be finding the right lender. In order to determine if a lender is right for you, it’s important to get to know them and ask them for as much information about their process as possible. Here […]
Read More… from Five Questions to Ask Small-Balance Commercial Mortgage Lenders
Every broker working to close small-balance commercial mortgages has dealt with loans that present a challenge. Deals involving non-bankable small business owners often present unique sets of obstacles such as less-than-stellar credit, delinquent taxes or issues regarding income verification. Certainly knowing when to turn down a commercial mortgage request is important, but brokers also need […]
Read More… from How to Close a Challenging Small-Balance Commercial Mortgage