Submitting a Commercial Loan Request to a Lender: A Primer for Brokers
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GEORGE C. UNSER
(GUnser@SterlingCommercialCapital.com) is the senior underwriter for Fairfield, Conn.-based Sterling Commercial Capital, a nationwide commercial lender that provides multifamily, retail, industrial, office, warehouse and special-purpose loans. |
By George C. Unser
Commercial mortgage loan brokers often complain, “I sent a loan request to a lender and all I got back were questions and requests for more information. Why can’t they just send me a quote?” On the other side, lenders often say “The broker sent me everything but what I need. Why can’t the broker send me the information I need so I don’t have to delay getting him a quote?”
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