Our Commercial Mortgage Brokers are Experts With Commercial Mortgage Lenders
The commercial mortgage lending market remains dynamic in 2010 despite the credit crunch and decline in commercial real estate values. Commercial mortgage lenders have become more conservative across many sectors of the commercial real estate capital markets. Currently it is a field day for many private party lenders, commonly known in the industry as ‘hard money’ lenders. Transactions that used to easily qualify for bank and other institutional portfolio loans, today sometimes require an unregulated, hard money lender. These commercial mortgage lenders are enjoying some of the strongest credit transactions in the history of commercial real estate finance.
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 broker 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.