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Educational articles for Commercial Mortgage Brokers

How APEX’s Small Balance Loan Programs Can Help Your Non-Bankable Commercial Borrowers

If you’re a commercial mortgage broker who routinely works with commercial borrowers, you know it can be difficult to place clients who need small-balance commercial mortgages. Traditional lenders don’t see these loans as profitable, and many small business owners can’t qualify for bank loans. However, there is an outlet for these borrowers. APEX Mortgage Corp. has been in the business of small-balance commercial mortgages for over 20 years. We’re a lender who listens, and  our variety of programs allows us to work with your non-bankable borrowers and to see them as more than just a credit score. Here’s what APEX can offer:

Our core loan program: APEX’s core loan program has been in place since its inception and has allowed many non-bankable commercial borrowers get the mortgages they need to achieve their goals. Borrowers who are eligible are able to borrower as little as $25,000 or as much as $500,000 for a fixed and fully-amortized term of up to 25 years. Whether your borrower needs a commercial mortgage loan to improve their property, purchase a new building or pay off an existing mortgage, our core program can help.

Our softer hard money program:

Not every commercial mortgage borrower fits into APEX’s core loan program, so we developed our softer hard money product. This hard money loan program allows borrowers with credit scores below 600 to apply for a short-term, no-interest mortgage with APEX. These borrowers are eligible for mortgages between $25,000 to $350,000 for terms from one to five years. If your borrower has struggled to obtain financing and doesn’t want to turn to a true hard money lender, this program could be the right solution.

Our newest loan program:

Recently, APEX increased it’s maximum loan amount to $1 million. This program allows borrowers with credit scores of 650 and above to borrow between $500,000 and $1 million for a fixed and fully-amortized term of up to 25 years.

Not only are our programs designed for small business owners who can’t qualify for traditional financing, they’re also flexible. APEX also values the commercial mortgage brokers who bring us business, so we’re dedicated to protecting their fees and guiding them through the lending process. APEX is a great choice for both borrowers who need commercial mortgages and the brokers who serve them. Read more about how to do business with APEX Mortgage.

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