Private capital fee costs, like any service fee, can be seen as a scam. Nothing could be further from the truth. These fees protect lenders from two possible o scenarios that can leave them at financial risk. Private capital fees fall into two basic categories. They are due diligence fees/processing …
5 Best Commercial Real Estate Investments
Are you looking for the best commercial real estate to invest in today? You will probably need a commercial mortgage to seal the deal. Real estate is one of the best choices to invest your money. It can become an excellent long-term investment where it can provide an ongoing passive …
6 Mortgage Broker Benefits
There are many benefits to working with a mortgage broker to obtain a mortgage or loan. Perhaps your offer on a home was accepted, or your mortgage has come up for renewal and you can refinance for a better rate. Maybe you would like some extra funds for a home …
Do you Qualify for a Commercial Mortgage?
One difference between a commercial mortgage and a residential one is the commercial borrower would be a business, not an individual. Your business is growing! That’s amazing because our economy could sure use a boost. It’s a much more difficult process but hang in there. I can help you get …
Mortgage and Loan Terms
The mortgage world is complicated. Fortunately, that’s why I’m here. Before we start working together, get familiar with the language. Here is a full list of terms and their definitions mortgage brokers use. Looking forward to speaking the same language. Mortgage Terms Amortization Period The Amortization period represents the period …
Commercial Loan: Asset vs. Repayment: DSCR
When borrowing money for a commercial loan or mortgage, the first thing that a lender considers is repayment, not asset. The lender needs to know that you can service the debt. They use what’s known as a DSCR or Debt Service Coverage Ratio to determine it. The debt service coverage …