Brokers are always looking for simple ways to make more money, and one of the best is to start closing small-balance commercial mortgages. However, these loans – like any other – can present challenges. This is especially true if you’ve chosen to work in the niche that serves non-bankable commercial borrowers. While some issues might […]
APEX Mortgage Blog
Educational articles for Commercial Mortgage BrokersHow Commercial Mortgage Borrowers Can Avoid Predatory Lenders
Many small business owners and commercial property investors are turned down by their banks for commercial mortgages. It’s a fact of life for many people, but many borrowers aren’t prepared for this. If they are unfamiliar with alternative commercial financing, this leaves them potentially vulnerable to predatory lenders. If you’re a borrower seeking a commercial […]
Why brokers should focus on business mortgage loans
If you’re a broker and you’re ignoring commercial mortgages entirely, you’re losing out on a lot of business. Last year closed out strong, according to the Mortgage Bankers Association, and they’re projecting that 2020 is going to look even better. If you don’t want to leave money on the table, focusing some of your efforts […]
How to Place and Sell a Small Business Mortgage Loan
Mortgage brokers in the business of alternative commercial financing have two main responsibilities. The first is finding the right lender for your borrower’s commercial mortgage scenario. The second is selling your client on the small business mortgage loan you’re able to obtain for them. It might seem daunting at first, particularly if you’re new to […]
Thriving Commercial Mortgage Industry Is an Opportunity for Brokers in 2020
2020 is expected to be another record year for commercial and multifamily lending, according to a forecast released by the Mortgage Bankers Association last week. Mortgage bankers operating in this sphere are expected to close $683 billion of loans backed by income-producing properties in 2020, an increase of 9% over 2019’s projected record volume of […]
Commercial Mortgage Marketing Q&A
For mortgage brokers who are new to small-balance commercial mortgages, marketing your services is crucial to securing leads and closing deals. At APEX, supporting our brokers so that they can succeed is a top priority, and that includes giving you the knowledge and tools you need to sell your skills. So, in that spirit, here […]
Most Common Underwriting Questions (and Answers) with APEX’s Underwriting Manager
If you’re a mortgage broker, a small business owner, or a commercial property investor who’s new to small-balance commercial mortgages, the underwriting process can seem difficult to understand. At APEX, we’re committed to helping our brokers and borrowers succeed, and giving you the knowledge to do so is a high priority. So, we sat down […]
Marketing Ideas for Small Businesses Getting A Commercial Mortgage
Obtaining a small-balance commercial mortgage is a great opportunity for small business owners and commercial property investors to accomplish their goals, but it’s also a chance for you to refresh your marketing message. Depending on the reason you’ve chosen to apply for commercial financing, it could be a great time to touch base with your […]
Tips For A Successful Commercial Mortgage Broker Website
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 […]
APEX has the answers to your commercial mortgage questions
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 […]