Not all commercial loan officers are created equal. One size does not fit all. You need to have the best advocate for your lending transaction. In the podcast today we have another episode of “Coaching and Counseling with James Eng.” James provides you with 10 questions that you MUST ASK your commercial mortgage loan officer BEFORE you engage with them. Your money and reputation are at risk if you choose the wrong loan officer. Here are a few questions that you must ask: 1) What is your background in financing apartments? 2) When will I receive approval? When can I lock the interest rate? 3) How many loans have you closed with this lender? 4) What happens if my loan is denied; what options will I have?
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Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.
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