Lenders should be more upfront about their commercial loan requirements. It’s important to know what kind of loans a lender is likely to approve – and what kinds of transactions simply fall outside their box. Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular contributor to a number of […]
Commercial Mortgage Insight Blog
3 Things to Consider When Applying for a Commercial Real Estate Loan
Interested in purchasing or refinancing a commercial real estate property? There are a few things to keep in mind as you evaluate your financing options. With these considerations in mind, you’ll be better prepared to discuss your strategy with lenders and you’ll feel more confident about your ability to secure a solution that meets […]
5 Crucial Tips for Improving Your Credit Score
When it comes to commercial lending, your credit score will play an important role the approval of your financing request, the type of loan you can secure, and even the interest rate you will pay each month during the loan’s term. If you don’t currently have an ideal credit score, you may find that your […]
How to Market Your Commercial Property and Attract Tenants
Looking to increase the number of tenants in your property? Keeping a property fully-occupied with tenants not only maximizes the amount of income you can generate, but it also plays a large role in helping you secure the best possible loan when it comes time to refinance. Commercial property owners are affected by vacancies […]
What to Look for When Investing in a Single Family Rental Property
Real estate investors set their sights on single family properties for a number of reasons. Unlike larger apartment buildings or strip centers, investors only have to worry about one tenant at a time. Maintenance costs are typically lower for single family properties and financing can even be easier to obtain when compared to the process […]
When Does it Make Sense to Buy Down the Rate on Your Commercial Loan?
“It depends.” While this phrase is never what one wants to hear when asking for advice, the truth is that in many different circumstances, the best course of action really does depend on a number of distinct factors. Author: Salomon WancierSalomon Wancier is a creative and innovative Marketing Executive and Business Coach with 19+ year […]