Articles on How to Become a Commercial Loan Broker
Is It Time For You To Buy The Building Your Business Operates In?
There are multiple ways to invest in commercial real estate. If you run a business, one strategy is to own the building your business operates in. Some of the benefits of utilizing this strategy are the tax advantages, additional cash flow or savings (no rent...
Four Trends Affecting Commercial Real Estate in 2017
The U.S. CRE market landscape in 2017 is characterized by continued strong fundamentals, increased investor flows and high transaction volume. As for the economic landscape, the U.S. continues to grow moderately and add jobs. The U.S. employment gains continue to be...
The Importance of Choosing a Niche Market
The Importance of Choosing a Niche Market The commercial loan brokerage industry is a competitive market. For every borrower, there might be a dozen brokers trying to get their attention. How do you stand out in this playing field? Finding your niche in the market...
Fast Lead Response Keeps Leads from Going Stale
A potential client in your area Googles loan services that you offer. Your well optimized website shows at the top of the search results. They click, they read, they’re enticed, they submit a contact form on your site. Now what? Red flashing lights and sirens go off...
Bankers, Borrowers, and Alternative Lenders, Oh My!
* This blog is a special entry by our very own Darrick Brown - CLBI CEO, Trainer, Broker, and Banker. In the famous 1939 film the Wizard of Oz, Dorothy finds herself in a real life dream whereby she is caught in a tornado that takes her on a life changing journey to...
Commercial Lending Training Program: What You Need to Know
Is your company facing lay-offs? Or are you looking to start a new career? Then becoming a commercial loan broker might be perfect for you. Being a loan broker gives you the freedom to be your own boss, let’s you take home 100% of your earnings, and gives you the...
Commercial Construction Loans Vs. Investment Real-Estate Loans
There are a few key differences between commercial new construction loans and investment real-estate loans. For starters, when we think of investment real-estate loans, we mean loans for existing commercial properties already built. Commercial Construction Loans There...
What Are Commercial Bridge Loans and Why Would You Need One?
By design, commercial bridge loans are interim commercial property loans collateralized by commercial real estate that bridge gaps for you as the borrower that muscle their way in between you and your next commercial property transaction. This type of commercial real...
Letters of Intent for Commercial Real Estate Transactions
Depending on the type of transaction, a letter of intent has many other names, including term sheet, memorandum of understanding, agreement in principle, binder, and commitment letter. Regardless of the name, the function is the same: to outline the basic terms of a...
Comparing Commercial Loan Broker Training Programs
Deciding to become a commercial loan broker is the first big career decision you will make. It's important to do your research when comparing commercial loan broker training programs on the market. Who you partner with to launch your brokerage will impact your...
A Guide to The Loan Broker Business Opportunity
A Guide to the Loan Broker Business Opportunity The commercial loan broker business opportunity is gaining traction as an alternative to the traditional nine-to-five grind, driven by widespread job dissatisfaction. With the proper training, such as that offered by the...
What is a Commercial Lending Franchise?
How Loan Franchises are Empowering Fast-Moving Businesses Financing Diversity Capital is the lifeblood of any business. With its plethora of options, the lending network ensures companies have the right financial backing. Lending franchises, in particular, have...
Here are the Top 4 Cyber Crime Threats to Your Business and How Disaster Can Be Avoided
Protecting your business against cyber crime is now more important than ever. In 2015, the U.S. Director of National Intelligence ranked cybercrime as the number one security threat in the country. Mega-corporations get most of the publicity when it comes to...
Loan Brokers: What makes for a Great Website?
When a prospective client or referral partner becomes interested in your business, their first step is to research you. And in today’s world, that means checking out your website. Your website plays a number of critical roles. It is there around the clock to answer...
How to Set Up a Great LinkedIn Profile
A LinkedIn profile is a must-have in any broker’s repertoire of social media platforms. LinkedIn is the largest professional social network that has over 200 million members. Unlike Facebook, which is generally considered the best social network for...
Choosing the Right Office Space for Your Loan Broker Business
So you’re finally ready to have a real office space. Maybe you’re tired of having clients come to your home, or you’re having trouble separating personal life and work, or you just want to look more professional. Whatever the reason, renting or buying a space to...
Are We Headed for an $11 Trillion CRE Bubble?
Warnings about the loans, bonds, and commercial-mortgage-backed securities (CMBS) tied to an incredible $11-trillion commercial property sector in the US have been talked about for months. Defaults are rising in the commercial real-estate debt market just as borrowing...
7 Steps to Building Productive and Profitable COI Relationships
You may recall our blog article The Ins and Outs of Centers of Influence from September explaining the importance of COIs and how to use them to bag referrals. As you know, COI relationship building should be a broker’s highest priority. Without a strong COI or a...
The Fed Hiking Rates: What It Means for CRE
The Fed raised its benchmark interest rate from zero to 0.25 percent In December of last year. It was the first increase since the Great Recession in 2008. Experts initially expected hiking the rate as many as four more times this year, but lowered their expectations...
Health of the Commercial Real Estate Market: Looking to 2017
The commercial real estate market, just like residential markets, is subject to cyclical highs and lows. As recently as the first quarter of this year, the commercial real estate market was the receiver of positive trends that carried over from 2015. No more than two...