Commercial Mortgage Lenders
Institutional commercial loan lenders have come back strong after approximately two and a half years of near dormancy. As of April 2010 dozens of new commercial mortgage lenders as well as lenders who had been out of the market have come into the capital markets closing deals. There have also been a few players re-emerging into the land loan arena.
A strong commercial mortgage lenders such as Financial Compound can be very helpful to borrowers seeking financing, whether its construction or permanent loans, as well as land loans. A proficient commercial mortgage broker is able to help borrowers, investors, and developers access the real estate capital markets and the commercial mortgage lenders efficiently. It is the commercial mortgage brokers job to understand the current status of the real estaet capital markets as well as to know the product types and loan structures that each lender offers. Financial Compound typically speaks to about 500 lenders each week, guaging their interest in our transactions as well as probing them to learn which types of transactions they are looking for. By conducting on-going and in-depth discussions with such a broad cross section of the commercial real estate finance markets, Financial Compound is a valuable resource for both borrowers and commercial mortgage lenders alike. Many comomercial mortgage lenders contact Financial Compound to find out what is going on with their competitors and to ask us how to price and structure their loan programs. Commercial mortgage lenders desirous of lending funds often try to make sure that their programs are competitive, or at least want to understand how they compare to other lenders financing similar transactions.
When borrowers submit loan requests, commercial mortgage lenders typically like to review historical property operating statements, a rent roll, site plan, and photos, in addition to various other data. A skillful commercial mortgage broker such as Financial Compound can be a valuable resource to borrowers in preparing the lender submittal. Financial Compound knows what types of information the commercial mortgage lenders are looking for and can help faciliate the loan request process so that the lender can give a quick and firm decision for the transaction.