The Ardent Companies’ Post

Independent loan officers, did you know? 💼✨ Workshops, client qualifying time, and commutes are all write-offs! Follow for more tips! 🚗💰

💻Featured Webinar of the Week: CRE Lending: Property Types, Lease Structures and Other Non-Financial Risks - November 4th As financial institutions continue to deal directly with CRE loans plus indirectly through income-producing or rental real estate holdings that affect customers, it’s important to get beyond the numbers and assess the qualitative or non-financial factors that influence CRE performance over time. 🎯Audience: CRE lenders, commercial lenders, private bankers, small business lenders, credit analysts, portfolio managers, assistant relationship managers, consumer and mortgage lenders, loan review specialists, special assets officers, lending managers, and credit officers will benefit from this webinar. https://lnkd.in/gTWPz4B2

Expanding your operation isn't a task that should be taken lightly... You should have a lender on your side that understands your business forwards and backward to help you make the BEST decision for your operation. So what does it take to find the right ag lender for you? Here are some areas to consider... 1. Loan Amount: Determine the amount you need to borrow. 2. Interest Rates: Compare interest rates and fees offered by different lenders. 3. Repayment Terms: Evaluate the repayment period and its suitability for your financial situation. 4. Customer Service and Support: Working with a team that has been where you are. We are proud to have a staff of lenders who are farmers themselves who have “been there, done that" and will work with you to make the loan process as smooth as possible. Learn more about the Process of a Successful Farm Loan Journey here: https://lnkd.in/gwqMfMNR

To my fellow Brokers and Loan Officers: If you've ever worked with self-employed clients, you know the unique challenges they face when it comes to qualifying for loans. Traditional methods often don't reflect their true financial strength. That's where Brokers First Funding Bank Statement Loans can make the difference! Reach out to me to learn how this product can add value to your toolkit and expand your offerings. Let's help more clients achieve their home ownership dreams together! #MortgageSolutions #LoanOptions #BrokersFirstFunding #ClientFocused

🌐 Navigating the world of commercial lending can be challenging, but understanding the process is the first step toward securing the funds your business needs to grow. Here are some tips to strengthen your business loan application: 🔹 Credit Matters 📊 Lenders will check your business and personal credit scores to see if you’re a reliable borrower. A strong credit history 📈 shows lenders you can repay the loan. While some lenders may accept lower scores, having a good score 💯 can help you get better terms. 🔹 Financial Statements 💼 Lenders want insight into your financial health and growth potential 📈. Be ready to show documents like income statements, balance sheets, cash flow statements, and tax returns 📝📊. These give lenders a clear picture of your business’s ability to generate revenue 💵 and repay the loan. 🔹 Collateral Might Be Needed 🏢 Many commercial loans require collateral, such as real estate 🏠 and equipment 🛠️. Collateral provides lenders with security 🔒 and reduces their risk. 💬 We’re here to help you grow with smart lending solutions. Contact us at MoneyQuest Essendon at 0408 363 715 📞 #BusinessGrowth #CommercialLending #MoneyQuest #BusinessFinance

Great calculator and simple to use.

🚀 Exciting News from Elite Lending Partners! 🚀 We’ve just published a new blog post: “Full Doc Commercial Mortgages: Ensuring Comprehensive Financial Coverage.” Discover how Full Doc Commercial Mortgages can benefit your business with lower interest rates, higher loan amounts, and better terms. Learn how these loans provide the financial transparency lenders love and the capital you need to grow your business!

Looking forward to seeing many of you in Denver!! WHY NOT Newfi?!!!! --Let’s take some time and talk about partnering!! We buy loans fast!! DSCR -BANK Statement – ITIN – and JUMBO!!! --Are you going to the MBA in Denver?……schedule some time for us to meet. Call or email me. --Our CLOSED-END Seconds go up to a $500K loan amount!! Starting rates in the 7% range. --JUMBO’s up to $5MM!!! --SCENARIO DESK gives approvals of challenging loan situations up front, giving you the confidence to proceed. --Proprietary Loan offerings enable us to make “make sense” exceptions on many loans. --We say yes when others don’t, let’s do some business.

🔑 Navigating Maturing CRE Loans with Confidence: Trust Our Title & Escrow Expertise! 🔑 As loans approach maturity, ensuring a smooth transition is crucial for financial stability and future growth. At First American Title, we specialize in providing reliable title and escrow services tailored to the unique needs of maturing loans. 🔹 Why Choose Us? Expertise: Our team has extensive experience in managing the complexities of title and escrow processes. Efficiency: We streamline transactions to ensure timely and accurate handling of maturing loans. Transparency: Clear communication and detailed reporting keep you informed every step of the way. Whether you're refinancing, selling, or transitioning to new financial arrangements, let First American Title handle the details so you can focus on what matters most. Discover how we can support your loan maturity needs today! anweber@firstam.com #titleandescrow #crenews #cre #maturingdebt

A borrower showed me an offer from a lender (he would of course not going to sign). Anyone in private lending should know the REAL total cost of loan. Look beyond just the headline rate. Taking this as an example, the total cost is way over industry norm. And it’s on a fine print of page 3 of the offer letter. Total cost of loan = Total interest cost + ALL fees + Potential Costs No lenders are perfect and everyone has their niche appetite. That’s why we work with broker partners who’ll assist their borrower clients to navigate the traps and pitfalls.