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Closing Commercial Mortgages is a Team Sport

Commercial Mortgage
Posted on 
March 17, 2022

As college basketball’s biggest tournament begins and we prepare for baseball season, it’s important to remember that broker and commercial mortgage lenders need to work as a team to close deals.

Below is a selection of our blogs explaining the importance of cooperation throughout the lending process, as well as tips for making sure everything goes as smoothly as possible.

Scoring a Slam Dunk with a Commercial Mortgage Lender

Whether it’s college or professional level, the American sport of basketball is a game of speed, precision and agility that has interested spectators for over 100 years. While it might not seem like basketball is like brokering small-balance commercial mortgages, the fact is that success in either field requires knowledge of the fundamentals, quick thinking, and the right skills. So, if your small-balance mortgage lender was a basketball team, what positions would the employees play? Click here to learn where you fit on the roster.

Score Points with Your Non-Conforming Commercial Mortgage Lender

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 a critical part of the commercial mortgage team, so it’s important for you to understand how best to approach each commercial mortgage request. Click here to read more.

Hitting a Home Run with a Small Commercial Mortgage Lender

At first glance, it may seem like there aren’t any similarities between a Major League Baseball team and your small commercial mortgage lender. However, if you look a little more closely, you’ll see that succeeding in the mortgage industry and mastering America’s pastime both require strategy, the right mix of talent, and knowledge of the fundamentals. So, if your small commercial lender was a baseball team, what are the positions of each employee? Click here to learn about how you fit onto this team.  

Fielding Small-Balance Commercial Mortgages

We go to baseball games to watch our favorite players knock the ball out of the park, but the defensive side of the game is equally important. While in the field, players need to be able to accurately read each hit. Similarly, brokers in the business of closing small-balance commercial mortgages need to be able to read each of the deals they receive to determine whether they can close it. Click here to learn how to decide what kind of deal you’ve got.

Covering Your Commercial Lending Bases

Much like baseball, closing small-balance commercial mortgages is dependent upon strategy. For mortgage brokers to succeed in the industry, it’s important for them to understand what’s required in every loan request and to make sure all their bases are covered. Click here to learn about the information you should provide if you want to knock your commercial mortgage deals out of the park.

Interested in learning more about how the APEX team can help you close more small-balance commercial mortgages? Give us a call today at (800) 262-APEX.

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