We all know that every commercial mortgage broker needs a website that draws people in, including potential borrowers, referral sources and commercial mortgage leads. It’s a simple fact that in the digital age we live in, a strong, vital website is critical. Most borrowers and referral sources looking to work with a mortgage broker are […]
For borrowers seeking a small-balance commercial mortgage, getting to know a lender is a crucial part of the process. It’s important to establish a sense of trust and an open line of communication so that any issues can be resolved fast and the deal can close quickly. Non-bankable borrowers in particular are likely to have […]
Small business owners and commercial property investors all have goals they’d like to accomplish, and this often means they need a commercial mortgage. However, many commercial property owners are unable to qualify for a bank loan for any number of reasons. If you’re one of those individuals, you might be asking yourself, “Now what? Do […]
The commercial and multifamily lending niche is projected to have a record year in 2019 and to continue its growth in 2020, according to the Mortgage Bankers Association (MBA). Commercial and multifamily originations in 2019 will hit a record $652 billion of loans backed by income-producing properties, according to MBA’s forecast. This marks a 14% […]
If you’re a mortgage broker, a small business owner, or a commercial property investor who’s new to small-balance commercial mortgages, trying to learn about alternative financing can seem intimidating. But it doesn’t have to be. At APEX, we’re committed to providing brokers and borrowers with the information that they need to make the best decisions […]
Refinancing a commercial property is an important step in the process of achieving goals for many small business owners and commercial property investors. Refinancing a property can help a borrower pay off an existing mortgage, free up cash for inventory or property improvements, or consolidate their business debts into a simpler monthly payment. As a commercial […]
Knowing a property’s environmental history can be critical to closing deals. There is no bigger headache for a broker or a property owner than getting a loan approved but then losing funding over an environmental issue. What can brokers do to protect their deals from this kind of risk? What can their clients do to […]
You’re aiming for success as a commercial mortgage broker. You want to earn a good living and help your borrowers reach their financial goals. That’s going to depend in large part on the partnerships you develop with commercial mortgage lenders, and that’s especially true if you’re operating in the small-balance niche of the industry. You’ll […]
One of the most important tasks for brokers looking to earn a living by closing commercial mortgages is to take the time to understand the motivations and obstacles of the borrowers seeking this type of financing. If you’ve chosen the small-balance niche as an area of focus, these borrowers are often small business owners or […]
For many years, large commercial buildings worth millions of dollars have been bought and sold through investment vehicles known as real estate partnerships. They are normally structured legally as limited partnerships or limited liability companies. Typically there is a sponsor that acts as either the general partner or the managing member. These sponsors often are […]