On your way toward becoming an active commercial real estate mortgage broker.
Lesson 7 out of 20, Lender Types of the Pioneer Realty Capital Commercial Mortgage Banking Certification Course. As discussed in lesson 1, there are multiple methods for financing commercial real estate as well as multiple loan programs. Often, non-bank lending sources like private debt funds and insurance companies depend on commercial real estate mortgage brokers, bankers and “correspondent lenders” to identify loan requests that are a fit for their loan programs. Therefore, it is important to identify the lenders who participate in funding commercial real estate.
This lesson discusses the various types of lenders actively funding commercial mortgages. These lenders include commercial banks, agencies, investment banks, insurance companies and private debt/equity firms. This lesson takes a closer look at lenders who are traditionally very active when it comes to commercial real estate lending.
- Identify the types of lending institutions who make commercial real estate loans
- Understand the business model of these institutions
- Understand the fee structure of commercial real estate lenders
- Understand the role the mortgage bankers play in the industry