Call Us Today: 1-844-346-2913
You’ve heard the term “Knowledge is Power?” If you are new to commercial mortgages, you’ll find that a little knowledge about the process (and how it varies from the residential mortgage process) will be very helpful for you to have a positive experience and to get your deals done smoothly. You may be familiar with the residential mortgage process, so we’ll contrast the two types of mortgages here for easy reference. Here are the 4 main areas where commercial mortgages differ from residential mortgages:
Commercial borrowers have specific needs that must be correctly identified and matched to the right mortgage program. Some of these needs are easier to address than others.
Why weave through a maze if you can go straight to the finish line? When you partner with a direct lender on your commercial mortgage, you can eliminate much of the difficulty that comes from juggling bank and broker relationships. If traditional lenders have left you with no clear path to a funded loan, take your request to a direct lender and skip the maze altogether.