Marketing is tough. Marketing without a support staff is tougher. Marketing by yourself while also running your mortgage business? Where do you even start? These days, it seems like we’re wearing more hats than ever as we work to promote ourselves, generate new business, and create a memorable transaction experience for our customers. If we…
Were you one of the nearly 1,500 brokers who signed up for our small-balance commercial lending educational course this past month? Or are you a commercial lending expert in need of a refresher on Silver Hill Funding, LLC’s current guidelines? Either way, the key to closings loans with us this year is understanding exactly what…
Even in this challenging market, originators like you have opportunities to grow your small-balance commercial business – IF you know where to look. The problem? Many of the borrowers who will need your help in 2023 aren’t able to work with traditional lenders. That’s why it’s now more important than ever to understand the lender…
It’s no secret – the commercial mortgage transaction process is complex and basically the bane of existence for every commercial broker in the industry. But despite having a bad reputation (too long and too complicated at times), the transaction process is actually quite simple. Or at least it can be.
There are two types of brokers in this world: those who have worked with Silver Hill Funding, LLC and those who have not. If you’re part of the latter group, you may be wondering what we at Silver Hill have to offer you and your small-balance commercial mortgage business.
Good news: the small-balance commercial mortgage industry is finally returning to normal. Better news: because of this encouraging trend, brokers now have more opportunities to grow their commercial business. But like millennials and avocado toast, whose fates are inevitably entwined, the trick is knowing which lender to partner with to really boost your business. Some scenarios are fit for traditional banks.
The Silver Hill Low Rate Program is our solution for your most credit-worthy commercial real estate investors and business owners. This program makes it possible for you to offer a non-bank solution with rates starting at 6%!
If you have struggled in the past to find alternative solutions for borrowers who fall just outside bank guidelines, this program could help you capture more business generate more revenue each month.
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.
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…
The great Albert Einstein once said, “Try not to become a man of success, but rather try to become a man of value.” While Einstein in his brilliance may be right that value can be greater than success, many have found success by having more value to offer than competitors.
With the current level of uncertainty regarding interest rates and the housing market in general, it’s best that mortgage originators begin to look for other strategies to ensure success for the rest of the year.
