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What Brokers Need to Know about Commercial Mortgage Underwriting

Commercial Mortgage
Posted on 
May 20, 2021

For every commercial mortgage broker, the goal is to close as many deals as possible. To accomplish this, it’s important that you have a good grasp on the underwriting guidelines and process of every lender with whom they work. This will allow you to place your borrowers with the right commercial mortgage lenders.

Below is a selection of our blogs designed to help brokers understand underwriting commercial mortgages.

Understanding Commercial Mortgage Underwriting

Nonconforming commercial mortgage lenders have the ability to close loans for their brokers in a timely manner, but the speed of the underwriting process depends largely on brokers. In order for your transactions to close quickly and smoothly, you need to understand what your lender needs in order to fully underwrite a deal. Click here to read about what you need to know in order to get your borrower’s deal funded and to earn your commission.

Beyond the 5 Cs of Commercial Mortgages

Commercial mortgage originators are familiar with the 5 Cs used to evaluate prospective borrowers — credit, collateral, character, capacity and common sense. Borrowers are often much less familiar with the standards, and they benefit when originators can explain how each influences lending decisions. It’s important to have a general understanding of how lenders underwrite their loans before submitting financing requests. Click here to learn about how you can improve the outcomes for their clients by recognizing and connecting each of these key pieces in the underwriting jigsaw puzzle.

The Commercial Mortgage Underwriting Process

Closing small-balance commercial mortgages is a simple way for brokers to earn more, and taking the time to learn about and understand the underwriting process will make it even simpler. Once you know what goes into underwriting a small-balance commercial mortgage, you’ll be able to provide your lenders will all of the necessary information in order to close these loans as quickly and smoothly as possible. Click here to read about some of the various factors that affect the commercial mortgage underwriting process.


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