COMMERCIAL LOANS

Our sister company, 1st American Commercial Lending can help you finance any type of commercial project you are working on.  Our specialty is SBA loans, conventional and private money including short-term bridge loans.  

WHY USE A BROKER:

Commercial mortgage brokers can help you get better rates and terms on your commercial loan compared to going directly to lenders. We have expertise in the commercial lending market and 70 different relationships with many lenders, allowing us to shop your loan to multiple sources to find the best deal.  

Brokers can also help organize and submit your loan application, prepare materials for the lender, and manage the entire loan process to increase the chances of your loan closing successfully. They have connections with other industry professionals like appraisers and lawyers that can streamline the process. 

Using a broker typically doesn't cost you any extra money, as they are often compensated by the lender through a referral fee rather than charging the borrower directly. Private money loans however usually have some kind of origination fee. Our expertise can often save you thousands by negotiating better terms.

Brokers also provide valuable analysis and consulting on the various loan options and terms, helping you understand the tradeoffs and select the best fit for your needs and project. This can be especially helpful for smaller investors or businesses that don't have in-house expertise. 

In summary, the key benefits of using a commercial mortgage broker are better rates and terms, increased chances of loan approval and closing, access to a wider range of lender options, and expert guidance through the complex commercial lending process - all typically at no additional cost to the borrower. 

Typical Projects we Fund 

• First time commercial borrowers – we don’t get impatient. 
  • Assist with preparing your financials 
  • Getting your “bankable” ready 
  • Educate how commercial is different from residential process 
• Owner occupied properties
  • As little as 10% down 
• Business/property acquisitions
  • Typically, 25%-30% down payment 
• Investment projects – just to name a few 
  • Multifamily 
  • Residential Spec construction
  • Medical 
  • Assisted Living 
  • Light Industrial
  • Mixed-use 
  • Office
  • Commercial Condominium
  • Senior Housing
  • Storage Facility
  • Ground up construction 
• Business Lines of Credit 
• Loan Amounts $350,000 to $50 Million