Part 1: Determine the Root Cause of the Denial Even though banks routinely deny commercial loan requests, the experience can still be difficult for the small business owners and investors who need financing. Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular contributor to a number of top industry […]
How Lenders Qualify Your Commercial Loan Request
Every lender is unique, but most begin the loan qualification process in a similar fashion. Put simply, lenders must be satisfied with the property, the borrower, and the borrower’s business before they approve a loan request. Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular contributor to a number […]
Tackling 3 Common Commercial Mortgage Myths
When it comes to purchasing or refinancing a commercial property, both seasoned veterans and first-timers are likely to begin the process by conducting a fair amount of research on the type of loan they will need to secure. Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular contributor to […]
3 Common Mistakes Borrowers Make with Commercial Refinance Loans (and how to avoid them)
Business owners and investors looking to refinance their commercial mortgage have big decisions to make. Deciding which lender to engage, what type of loan to secure, and which terms to accept takes foresight, experience, and a healthy amount of knowledge. Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular […]
Commercial Direct Managing Director Leslie Smith Interviewed on iHeartRadio CEO Money Show
Commercial Direct Managing Director Leslie Smith was recently featured on WFN1’s CEO Money Show. The program, hosted by Michael Yorba, is broadcast on iHeartRadio and focuses on “businesses, people, and stories that reflect positive financial outcomes.” During the broadcast, Mrs. Smith described how Commercial Direct’s customizable loan platform can benefit investors and small business owners […]
Commercial Mortgage Terms: Keys to knowing what lenders will ask for ahead of time
Planning a commercial mortgage refinance or purchase? At the beginning of the process, a lender will give instructions listing the amount of documentation they need to launch the transaction. But unless you’re a real estate expert, you may not be familiar with some of the terminology used at that stage. Author: Zack NorthZack North is […]
