If you’re a broker working with non-bankable commercial borrowers, you’re going to want to focus on more than just the interest rate when selling the deal. While the rate will certainly be an important factor in your borrower’s decision, you should also discuss other aspects of the deal that will impact your borrower when presenting […]
Read More… from Consider These Factors When Working With Non-Bankable Borrowers
In the world of commercial mortgages, there are many small business owners who cannot qualify for bank financing. This under served niche of borrowers who fall between the bank and hard money offers brokers looking to earn more a great opportunity to do so. In order to take advantage of this, you need to be […]
Read More… from Commercial Mortgages for Your Non-Bankable Borrowers
If you’re a broker who’s interested in closing more loans and earning more income, closing small-balance commercial mortgages is a great opportunity. This underserved niche allows brokers to close more mortgages in a shorter timeframe while earning more on each deal, and the process is simple. Here are some of the advantages of closing small-balance […]
Read More… from Advantages of Small-Balance Commercial Mortgages
If you’re interested in expanding your business to include brokering small-balance commercial mortgages, it’s important to know what you and your borrower can expect from lenders. Without this knowledge, you won’t be able to find non-conforming mortgages that fit the needs of your clients. Here are some questions that you should ask a non-conforming commercial […]
Read More… from Four Questions to Ask Non-Conforming Small-Balance Commercial Mortgage Lenders
Brokers looking to expand their business and earn more have a great opportunity in the form of small-balance commercial mortgages for non-bankable borrowers. This market is under served, and it’s simple to get started and close these loans. Here’s what you can expect when you begin working on these types of deals: Low-doc submission: When […]
Read More… from Closing Non-Conforming Commercial Mortgages is Easy
For mortgage brokers looking to increase their income, small-balance commercial mortgages are products worth considering. As an under-served market with less competition than the residential or large-balance commercial mortgage markets, this niche is full of opportunities for aspiring agents. To close these loans, you’ll need to make connections with non-conventional commercial mortgage lenders who specialize in […]
Read More… from Non-Conventional Commercial Lenders Can Help Mortgage Brokers Earn More Money
For residential brokers looking to earn more, small-balance commercial mortgages are a great opportunity. This underserved market is full of borrowers who need assistance in finding the right mortgage for their business’s needs and are willing to pay for a broker’s services. Here’s what you need to do to get yourself ready to offer small-balance […]
Read More… from Adding Small-Balance Commercial Mortgages to Your Products
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
Residential brokers looking to earn more and grow their business have a great option in small-balance commercial mortgages. Closing loans within this niche is simple, fast, and allows brokers to make more money while continuing to work with residential borrowers. However, it’s important to know the differences between residential and small-balance commercial mortgages. Here’s what […]
Read More… from The Small-Balance Commercial Difference: You Can Earn More
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?