Thanks to Silver Hill Funding’s new contest this spring, you have a chance to win a trip for two at Atlantis Paradise Island Resort in the Bahamas! Want to win that vacation getaway for yourself? Here’s what you need to know about our contest.
Silver Hill Funding Senior Vice President and Forbes Real Estate Councilmember Michael Boggiano recently contributed a new article to the Forbes Real Estate website. The subject: Small-balance commercial bridge loans.
If you’re thinking about partnering with Silver Hill on your next small-balance commercial mortgage transaction, you’ll want to know what to expect at each stage. Here is a quick rundown of our commercial mortgage transaction process.
Educating prospective borrowers is an integral facet of any commercial mortgage broker’s job. Business owners and investors rely on brokers to provide expertise and identify the challenges and opportunities they may encounter while securing a loan.
But brokers who take on commercial bridge transactions bear additional responsibility when it comes to client education. This is because bridge loans involve several wrinkles that are not typically found in a typical commercial mortgage transaction.
Quick question – how many mortgage conferences are you scheduled to attend this year? Chances are you’ve already registered for a number of tradeshows, conferences, and other types of events in 2018. If you take the following steps before you attend a mortgage event, you will feel better about being away from your desk and create more opportunities for successful networking.
Originators who close small-balance commercial mortgage deals understand the value of diversifying one’s product offerings. Those looking for another wrinkle to add to their business should consider taking on the bridge loan opportunities they see in their territory today.
New to commercial bridge lending? Take a quick look at the borrower motivations that drive commercial bridge loan transactions and examples of common bridge loan scenarios to get up to speed.
With so many lending options in today’s commercial mortgage market, it can be difficult to know where to submit every type of small-balance deal. A good way to start the qualification process is to look at two every important aspects of a deal: the property in question and the prospective borrower. Here is a quick breakdown of the characteristics to identify as you search for the ideal lender option.
This just in: Silver Hill Funding, LLC is launching a new program to help originators provide financing solutions for borrowers investing in duplex, condo, and other 1-4-unit property types.
We are applying the same deep commercial mortgage expertise and efficient underwriting brokers experience with our core products to this new 1-4 Plex program.
In part 1 of this series, we listed some of the main reasons investors and business owners are denied commercial mortgage financing from banks. Once you’ve identified why a loan request was rejected, the next step is to hunt for the best non-bank solution.
Banks typically offer the lowest rates and most attractive terms to those who meet their requirements. The problem is that many credit-worthy borrowers are unable to do so.
There are many business owners and investors in your territory who have experienced a bank denial and now feel unable to securing financing on their own. This is where you can prove your value as a solution provider.
