We have introduced our new Stated Owner-Occupied Program for small-balance commercial loans from $250,000 to $2,000,000.
Read Silver Hill regional manager Allison Herrera’s article in the latest issue of Mortgage Women Magazine to learn why mortgage brokers across the country are taking on small-balance commercial mortgage loans in 2016.
Commercial Real Estate Direct Staff Report
Silver Hill Funding, which only recently moved back into the business of originating small-balance commercial mortgages, is looking to once again carve out a dominant position in the market niche.
A predecessor company had been among the most-active players in the sector until the market’s collapse in 2008. In 2007, for instance, it wrote $3.5 billion of loans, funding its activity by securitizing its originations just about every other month.
Answering residential brokers’ five most common commercial questions
As the demand for small-balance commercial mortgages continues to grow, more residential mortgage professionals are making the decision to diversify and incorporate commercial lending into their business.
With small-balance commercial lending setting a record last year, MBA NewsLink posed questions to Silver Hill Funding national sales manager Michael Boggiano to get a lender’s perspective on this business.
The small-balance commercial mortgage market is so fragmented that one name from the past sees a chance to re-enter the space.