Commercial Mortgage Broker Releases Training Book

A national commercial mortgage broker, Commercial Finance Advisors, publishes the second edition of their commercial mortgage training book.  The book focuses on sales, marketing, underwriting and most importantly, prescreening commercial real estate loan requests.
“Being an expert at pre-screening deals is critical to your success as a broker.”  President, Jeff Rauth of Commercial Finance Advisors says.  [...]

Commercial Mortgage Refinancing

There are many pitfalls that can eliminate or create problems on a commercial mortgage refinance.  Whether or not your particular situation will qualify, depends on several factors.  Understanding your potential loans strengths and weaknesses will save you time and ensure your best chance of a successful commercial refinance.  Below are some basic questions and concepts [...]

USDA Loans aka Business and Industry Loans

What exactly are B and I loans?  They’re a government sponsored program, similar to the small business administration loans.  The program was set up to help building owners in rural communities, primarily with populations LESS than 50,000, in an effort to both create and retain jobs.  All in all, the USDA loan program was created [...]

SBA Commercial Loans are Still Viable!

As the credit crisis looms and our media continues to bring us more and more bad news, I want to tell you first hand that SBA commercial loans are still closing!  Borrowers call us now with an attitude of “I realize you can’t get it done, but just thought I’d call.”  Nonsense, we are still [...]

Hard Money Commercial Loans

Hard money commercial loans should only be considered after the borrower has done an extensive amount of research with other sources such as banks and conventional lenders.   Borrowers should submit their file to at least 10 of these traditional sources (or have an experienced commercial broker run the file) before they consider hard money.
Why?  Hard [...]