LNB Commercial Capital Loan Process
Find the deals
Small balance commercial deals are everywhere in your market.
- Check
the REO section of former and current clients for commercial properties
(particularly Alt-A and Stated borrowers).
- Talk to your local banks
about sending you the deals they can't finance.
- Network with CPAs
and financial advisors about self-employed clients who want
to get equity out of properties they own, or who want to purchase
property for business or investment purposes.
- Call LNB Commercial Capital
for details.
Two ways to do business with LNB Commercial Capital:
- Wholesale
This program is for brokers who want to run with their loan from start
to
finish. Once you have a pre-approval, you are the liaison between
your borrower and LNB Commercial Capital. You will guide your client
through the appraisal process, clearing all conditions, processing
and closing. You will work with your LNB Account Manager and our operations department to efficiently close your loan. This program affords you the ability to realize fee/broker income as well as the opportunity for Yield Spread Premium. Call us today to get started.
- 1% Referral Program
This is the easiest and most effective way for residential
brokers to capitalize
on the tremendous opportunity in small balance commercial loans.
Send us a fully completed 1003, credit report, and loan submission
form,
and
we take
it from
there. You
get paid 1 point for the hand-off from the closing and will be listed as the broker. We work directly with your borrower
and will keep you
informed
each step
of the way. You use your time to originate opportunities and close residential
business, while we close your commercial opportunities for you.
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