Your creditworthiness is the first thing lenders review to predict your repayment reliability when you apply for a commercial mortgage loan. But do you know exactly what lenders look for? Or what you can do to keep your commercial mortgage credit score high? Commercial Mortgage Credit Score Have questions regarding your credit score and its […]
Commercial Mortgage
7 Common Commercial Mortgage Misconceptions
Ready to begin your search for a commercial mortgage financing solution that meets your unique needs? Before you make a decision, be sure to take a step back and reevaluate your commercial lending preconceptions. All too often, these preconceptions are actually misconceptions — and those could lead to you settling for options and terms that […]
How to Sidestep 5 Common Commercial Mortgage Hurdles
You’ve found the perfect commercial property. It’s the right location, the ideal size and the numbers make sense. You are already envisioning your returns when you run into a problem — your lender does not see this investment like you do. He’s questioning the property, the paperwork, and even you! Here are the top 5 […]
How to Lower Your Monthly Commercial Mortgage Payment
Strategy. This could be the key in getting the lowest rate possible on your next commercial mortgage. You will need to be smart and you will need to plan. So gather some of these tips and your trusty mortgage calculator and start strategizing now 1. Rate Buydowns One of the best ways to lock in […]
3 Steps to Finding the Right Commercial Mortgage
It’s true. The world of small balance commercial lending is populated by a much wider variety of lenders than is the residential lending world. And with the variety of property types and business needs there can be a lot of program options, and finding the right commercial mortgage may seem like a challenge. But it’s […]
3 Steps to a Quick Commercial Mortgage Closing
Tips you can use to get the funding you need – fast Many small-business owners and investors looking for a small-balance commercial mortgage are under significant time restraints – they need to act fast to secure a purchase or take out their short-term loan before the balloon payment comes due. Unfortunately, borrowers who partner with […]