Mortgage Banking

Making sense of commercial real estate finance.

Lender Questions

Posted by Jordan Crouch on January 20, 2009

Peter Maclennan recently posted the blog post “Nine Questions to Ask a Commercial Lender“. While it is directed to mortgage brokers, it is good food for thought for anyone currently in commercial real estate.

  1. What are your minimum and maximum loan amounts?
  2. Do you have a geographical limitation?
  3. What property types do you prefer?
  4. How long does your average loan take to close? What is the shortest amount of time you have personally seen a deal close?
  5. What is your maximum loan-to-value ratio?
  6. What is your minimum debt-service coverage ratio?
  7. What information do you require from the borrower in a loan package?
  8. What is the best way to contact you if I have a deal?
  9. What loans are you the most competitive on?

5 Responses to “Lender Questions”

  1. good questions

  2. Mike said

    Just passing by.Btw, your website have great content!

    Making Money $150 An Hour

  3. Interesting points. I’d like to see where we would be if Bush was still in office and we didn’t have obama’s stimulus package!

  4. Very good post. I especially found it usefull where you stated due diligent questions.

    The smart commercial broker should have a client brochure ready for the prospective client summarizing those exact points

  5. Joan Ebio said

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