Properties We Financed First Quarter 2023
The following are properties we financed First Quarter 2023 Commercial Bldg/ Dance Studio Dallas, Texas $450,000 Office Building Brooklyn, New York $1,600,000…
COMMISSIONS PAID ON OUR FUNDED LOANS TO COMMERCIAL MORTGAGE BROKERS THE LAST 6 MONTHS
$100,000.00 Commission Note Purchase $2.8 Million Principal Balance bought for $1.775 Million on Arizona Auto Collision Shop $26,250.00 Commission $1,050,000 Funded on…
The Characteristics of the MOST SUCCESSFUL Mortgage Brokers I Deal With…
1. They contact me with a COMPLETE loan package 2. They have an executed representation agreement with the borrower 3. They DO…
Are You Dealing with a Broker Disguised as a Direct Lender?
In the hard/private lending business, as in the mortgage business as a whole, there are brokers, there are lenders, and there are…
Hard Money Loans during COVID
Getting a loan during COVID-19 will definitely be different than borrowers have been used to over the past few years. Most prim…
A Lingering Pandemic
The coronavirus pandemic has caused a serious disturbance in the commercial real estate market. This problem may remain for some time to…
Hard Money is not Dead!
Hard Money Lending is not dead! Although there have been significant changes due to the recent pandemic, you can still obtain a…
Another Difference: Borrowers vs. Brokers
Loan requests from borrowers or brokers? Mortgage brokers submitting loan requests to us have a complete or near complete package to submit,…
What is a “Hard Money” Loan?
What is a “hard money” loan? Conventional lenders utilize what has become known as the “5 C’s” in determining whether to make…
Difference between Borrowers & Brokers for a Loan Request
Loan requests from borrowers or brokers? Borrowers that go through mortgage brokers are educated as to the type of loan, terms, and loan…