Why Use a Commercial Mortgage Broker

By Chris Miller on November 23, 2015

If you are looking to purchase or refinance commercial property, your first inclination may be to visit your local bank. In fact, if you already have a relationship with the bank, you may think they are in the best position to help you finance your property.

However, there are several things that a commercial mortgage broker, like Evergreen Equity Partners, LLC, can do for you that your bank cannot.

  • Access to multiple lenders Because we have access to many different lenders, we have the ability to find you the most competitive rates and transaction fees available. This also means that we have more long term fixed options available, versus the bank’s typical five-year fixed terms.
  • Non-recourse loans Your bank may prefer a recourse loan, meaning that, should you default, the bank can attempt to collect the full amount you owe from you, even after they’ve seized the collateral. We have access to lenders willing to offer non-recourse loans, putting only the collateral, not any additional assets or income, at risk.
  • Experience Financing commercial property can be a complex and time consuming endeavor. We have the knowledge and experience to assemble a loan package that will attract lenders with the best deal for you. Why take valuable time from your business to shop for a mortgage, when we know how to get the best results?

Call us today at (888) 963-3096, and let us get you funded.