For borrowers who own or are looking to purchase a smaller office building, obtaining a commercial mortgage can sometimes be a challenge. However, there are lenders who specialize in small-balance commercial mortgages who have the expertise to finance these properties. If you’re a broker working with a borrower seeking a small-balance product, these lenders are […]
Read More… from Securing a Commercial Mortgage for your Borrower’s Office Building
Throughout the country, there are small business owners looking to purchase the building out of which they operate or to expand their current business. This allows your borrower great control over their finances and business. Whether your borrower is looking to purchase an additional building or the space they currently rent, there’s some basic information […]
Read More… from Submitting a Commercial Purchase Mortgage Request
There are many factors that a small-balance commercial mortgage lender takes into account when reviewing a borrower’s request to refinance their property. One of the most important pieces of information your lender will need to make their decision is the use of funds. Knowing how your borrower plans to use the money allows the small-balance […]
Read More… from Four Common Reasons Borrowers Refinance a Commercial Property
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
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
For brokers looking to earn additional income, adding commercial mortgages to your product offerings is a great way to expand your business. Small-balance commercial mortgages in particular are a great way to get started in the industry. Before you begin looking for leads, though, it’s important to understand the differences between commercial mortgages and residential […]
Read More… from Three Ways Commercial Mortgages Differ from Residential Mortgages
Commercial and multifamily mortgage volume totaled $490.6 billion last year, according to the Mortgage Bankers Association’s (MBA) 2016 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation released today. While the reported dollar volume for commercial mortgage lending fell from 2015 to 2016 by three percent, 2016 was still good year for the industry. “Last year […]
Read More… from 2016 Was a Strong Year for Commercial Real Estate
If you’re a residential mortgage broker passing on the occasional commercial deal, you’re losing money. Working with borrowers in need of small-balance commercial mortgages is a great way to offer an additional service to your residential clients who own commercial property, as well as increasing your income. The trick is to make the process of […]
Read More… from How Residential Brokers Can Earn More with Commercial Mortgages
The mortgage industry saw a jump of 20% in commercial and multifamily originations between the third and fourth quarters of 2016, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The survey also indicated that Q4 originations were down 7% year-over-year. However, initial estimates show that originations for the full […]
Read More… from Commercial and Multifamily Originations Lead to Strong 2016 Finish