Securing a US Commercial Mortgage

What's the most efficient way to secure a US Commercial Mortgage? Work with a mortgage broker who specializes in this area. If you've ever applied for a loan, you're familiar with the mountain of paperwork you are required to complete during the process. The lender takes the applicant's information, runs it thought their guidelines and formulas and after waiting many weeks, a decision is made to either approve or deny the loan. If approved, the transaction can proceed. If denied, the applicant has to begin the process all over again.

US commercial mortgage lenders use guidelines similar to those used when applying for a residential loan. The applicant must provide a good reason for needing the loan. The property must have an acceptable appraised value. The location of the property is also considered. The credit history of the applicant, including the financial condition of the business is thoroughly investigated. In addition, commercial mortgages require significant collateral to secure the loan. This can be in the form of business equipment or inventory, personal or other properties, heavy machinery, or any asset with a significant value.

But even the most carefully prepared and well-documented commercial mortgage applications can be declined. When this happens, the applicant has no other choice than to start the tedious commercial mortgage loan approval process over again. Weeks go by, opportunities are lost, and still the outcome remains unknown. How many times do you want to go through this process?

Most applicants agree the correct answer is only once. The way to achieve this goal is to work with an experienced and reputable US commercial mortgage broker. A broker takes your one completed commercial mortgage application and submits it to many different commercial lenders, all at the same time, which greatly increases your chances of approval and saves you a considerable amount of time.

A commercial mortgage broker works with these different lenders every day. The broker knows what each lender looks for in an application and sends your application to those with the best chances of approving your loan. This method is highly targeted. And, brokers only get paid when they successfully match applicant with lender. Their financial incentive is what motivates them. Best of all, the lender pays the broker's fees, not the applicant.

Working with a commercial mortgage broker costs you, the applicant, nothing. Working with a broker frees up your time so you can get back to running your business. Working with a broker greatly increases your chances of getting your commercial loan approved fast. In fact, brokers often get approval from multiple lenders which puts applicants in a great position to bargain better loan terms. And best of all, brokers will handle these negotiations!

There are so many reasons why working with a US commercial mortgage broker makes sense. Yet it's amazing how many applicants don't take advantage of their services. You work hard at streamlining your business and cutting your operating costs so why not streamline your commercial loan approval process? For fast results, contact a US commercial mortgage broker today!

Author:- Commercial Mortgage and Bridging Finance specialists Commercial Lifeline.

Download our free Commercial Mortgage guides by visiting our Commercial Mortgage Guide page.

This article comes with reprint rights. You are free to reprint and distribute as you like. All that we ask is that you do not make any changes, that this resource text is include, and that the links above are intact.

---

Home Equity Loan ? Beware of the lingering lien!

A problem that often arises when people try to refinance... Read More

Homebuyers Loan Guide

If you are a homebuyer, there are a few points... Read More

Home Equity Can Create a Never-ending Money Cycle

What could you do with $10,000? Well, you can have... Read More

A Personal Mortgage Experience

I don't know what the mortgage situation is around the... Read More

Council Right To Buy Mortgage ? Transform Your Accommodation Into Home

Homeowner - does this term catch your attention every time... Read More

Shopping for A Mortgage? Do Your Homework First

If you happen to be shopping around for a mortgage,... Read More

Home Equity Loans - Are They Right For You?

The bills are out of control and you need a... Read More

Buying a Home? Dont Get Saddled with Two Mortgage Payments

I have a lot of friends and family who are... Read More

Mortgage-Refinance Loan Measurment 101 -- Evaluate Your Own Ability to Pay

We live in a society where people are losing their... Read More

How to Utilize Your Cash Investment in Your Home

Have you ever noticed how hard it can be to... Read More

Thought You Can Go All Alone In Mortgages! Mortgage Advice Beneficial In All Important Decisions

Mortgages are easy as long as you understand them well.... Read More

Refinancing Your Home Mortgage Loan With Bad Credit

There are numerous reasons a person has bad credit. Late... Read More

Flexible Mortgages - Offering Relief from the Fixed Mortgage

A pension mortgage may seem lucrative at the first sight.... Read More

Fixed-To-Adjustable-Rate-Mortgage

What is a Fixed-To-Adjustable Rate Mortgage?This type of mortgage offers... Read More

FHA Home Mortgage Purchase or Refinance Loan - Why You Might Consider Getting an FHA Loan

Most borrowers have heard of FHA home loans. They are... Read More

Refinance Your Property Online

By refinancing your property online you can take advantage of... Read More

Mortgage Info You Can Actually Understand!

This is a great time to Refinance Your Home or... Read More

Mortgage Calculator ? How to Calculate Your Monthly Mortgage Payment

Just starting to shop for a new home? Do you... Read More

Home Equity Loans ? A Big Benefit Or A Big Mistake?

When the bills are piling up and there doesn't seem... Read More

Bankruptcy and Buying a Home

Filing bankruptcy is a stressful time in a person's life.... Read More

Financing the Purchase of Foreclosed Homes

Homes that have been foreclosed can be one of the... Read More

Mortgage Terminology for the First Time Home Buyer

Buying a Home for the first time can be a... Read More

Get the Best Rate on Your Home Mortgage Loan

Home mortgage interest rates hit record lows in 2004 and... Read More

Refinancing vs Line of Credit

Refinancing vs line of credit are two popular options you... Read More

Mortgage Sales Hit Problems

The housing market has been buoyant over the past few... Read More

Home Buyers Face Decisions that Affect Their Long-Term Financial Picture

Taking the step for prospective home buyers.into home ownership is... Read More

Refinance Your Home Equity Loan

Refinancing your home equity loan is an excellent way to... Read More

Secured Lending - a Guide to Releasing the Value in Your Home

The recent boom in house price values have made some... Read More

A Mortgage and Bank Trick You Should Avoid at All Costs

Once you've purchased your home, you will begin to get... Read More

Fees Paid To Brokers By Mortgage Lenders Are Far Too High

Procuration fees paid by some sub-prime lenders are too high.Fact.There... Read More

Home Equity Increases $1 Trillion in Five Years ? Is the Market Peaking?

A new survey reveals that in the last five years,... Read More

Save Money on Your Mortgage

You should say goodbye to PMI. You may not notice... Read More

Option One Mortgage Loans ? Getting an Option ARM or Option One Mortgage Loan

Have you heard about or been interested in finding out... Read More