Can a Mortgage Broker Help a Borrower Who’s Upside Down in His Property, AND Still Earn a Success Fee?
Loan request situations where the borrower owes more than the maximum available LTV for his situation and type of property can actually…
WE HAVE PAID BROKERS THE FOLLOWING COMMISSIONS ON OUR FUNDED LOANS THE LAST 6 MONTHS
Note Purchase $2.8 Million Principal Balance bought for $1.775 Million on Arizona Auto Collision Shop – Mortgage Broker Received $100,000.00 Commission $1,050,000…
Difference between APY and APR
As hard money lenders, we are often asked, “What is the difference between APY and APR.” Both are used to calculate interest…
Trending: Rise in Default Loans
With the U.S. trying to get back to a more normal economic basis, and COVID-related SBA loans, loan forgiveness, and foreclosure moratoriums…
Getting Back to “Normal”
With the U.S. trying to get back to a more normal economic basis, and COVID-related SBA loans, loan forgiveness, and foreclosure moratoriums…
Commercial Mortgage Brokers: 5 ways a refi can be successfully concluded
Commercial Mortgage Brokers: Can a refinance be successfully concluded when the borrower owes more than 80% of the property’s value? Yes…….Five Ways…
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…
Soft and Hard Money Loans
Hard money loans are very similar to bridge loans, with the primary differences being that most hard money loans are made by…
Commercial Bridge Loans
Like their name implies, bridge loans are used to “bridge the gap” until long-term financing can be secured for the commercial property. In some…
Conduit/CMBS Loans
Conduit loans are commercial mortgages that are pooled together and sold to investors on a secondary market. Because these loans are securitized, they…