Regardless of if you are renovating an office complex or purchasing an apartment building, acquiring the right financing for your commercial real estate needs can help you save a significant amount of money over time.
In addition to going to a bank and taking out a small business loan, business owners now have the ability to choose from several commercial lending options, including alternative financing options and funds from SBA lenders that offer advantages for a particular situation.
While it is a good idea to explore all the available options, you may achieve even better results by using the services of a commercial mortgage lender – someone who specializes in this industry.
The best commercial mortgage lender will get most of their business from referrals, rather than having to take out copious amounts of advertisements. However, you still need to do your homework to find the lender that best suits your needs. The good news is, you don’t have to look too far.
Here you will find information about 10 of the top commercial mortgage lenders you should consider. These are in no particular order, but each one brings something unique to the table, helping you to get the financing you need from a company you can trust.
Remember, acquiring financing for the real estate investment you want to make is one of the most important parts of the process. Finding the right commercial mortgage lenders requires consideration and evaluation of the options available.
The Top 10 Best Commercial Mortgage Companies for Commercial Real Estate Loans 2018
Commercial Direct has funded more than 20,000 transactions – and counting. One of the most appealing aspects of this loan services is the zero-surprise guarantee. The company offers complete transparency to ensure clients fully understand the financing process, and that there are no surprises along the way. With this company there are never any hidden fees, no re-trading and no additional requirements. This is peace of mind not offered by other commercial lenders.
Additionally, Commercial Direct doesn’t offer a one-size-fits-all lending approach. Instead, they provide clients with the ability to customize all parts of their loan to better fit their unique needs. Even better, there is an easy and fast online application process, simplifying the process of acquiring funding for a commercial property purchase or renovation even more.
Phone: (844) 890-6509
Money360 is a direct lender, serving clients across the nation. It is responsible for sourcing, underwriting, selling, closing and providing service for both mid- and small-balance commercial real estate loans. The products provided range in size, starting at $1 million and going up to $20 million. Thanks to the combination of irreplaceable human expertise and innovative technology, this company is delivering smarter, simpler and more transparent services than other companies providing similar services.
The mission of Money360 is to transform the commercial real estate financing process to provide higher levels of client satisfaction, while offering a reliable marketplace for investors and borrowers. Some of the products offered by this company include commercial mortgage rates, commercial mortgage loans and commercial refinance loans.
Phone: (949) 579-2200
The team behind InvestmentProperty.Loans works to connect experienced or new buyers with top commercial lenders. The goal of this company is to make it simple to receive several competitive loan offers with just a few clicks of a button. Additionally, when this company is used, buyers can feel confident that there will always be someone available to answer questions and make the entire financing process as smooth and hassle-free as possible.
The company understands that finding the right loan can be imperative to the success of a commercial property investment. This is why the company takes pride in facilitating superior connections between a reputable list of lenders and borrowers. With decades of experience in the commercial loan industry, borrowers can feel confident that all options will be presented to help ensure they can make the most informed decision possible.
Multifamily.loans is actually a family of companies founded on the believe that every market and product in a market deserves special, custom attention. Backed by a leading team of industry experts from all walks of multifamily finance and commercial real estate, this company has the unique ability to help those seeking commercial lending options.
In addition to providing services for decades, this company also offers clients a free, no-obligation quote and consultation. Once contacted, the team will begin work to quickly and discreetly prepare a loan package for their client and arrange opportunities, offers and options to ensure they get the desired financing.
Better yet, the company provides 24/7 access to a team of knowledgeable professionals who can answer questions and help with the lending process – each step of the way.
350 Lincoln Road, 2nd Floor
Miami Beach, FL 33139
Phone: (800) 567-9631
Hunt Mortgage Group
Hunt Mortgage Group is a subsidiary of Hund Companies, Inc. It is considered a leader in the U.S. for financing commercial real estate. The company finances all types of commercial real estate, including manufactured housing, office, retail, affordable housing, multifamily properties, self-storage facilities, industrial and senior living/healthcare facilities.
The company current offers Freddie Mac, Fannie Mae and HUD/FHA financing options, along with its own loan products. The company was originally founded in 1972, and since then, the in-house team has worked to structure over $26 billion in loans. Today, the company maintains a servicing portfolio that equates to over $13.4 billion. New York City is the headquarters of Hunt Mortgage Group, and it currently has more than 232 professionals in approximately 25 locations across the country.
This financing company is dedicated to providing superior customer satisfaction by providing customized loan options that meet the needs of modern commercial borrowers. They encourage those with questions to contact their in-house staff for more information.
Hunt Mortgage Group
210 Summer Street Suite 1
Buffalo, NY 14222
Phone: (212) 588-2048
Riverdale Funding, LLC
Riverdale Funding, LLC is a hard money commercial lender serving clients around the country. The company provides funding for property owners searching for an alternative source of financing to traditional bank loans. With more than 35 years of experience in the mortgage and real estate business, Riverdale Funding is completely committed to providing clients with high-quality financial solutions, paired with the highest level of customer service available.
The main properties Riverdale Funding helps to fund include apartment and office buildings, strip malls, shopping centers and mixed-use one to four family, investment properties that are non-owner occupied. Additionally, property types are considered on a case by case basis, and the company is currently serving 37 states, with expansion planned in the future.
One of the most appealing benefits of working with this company is that it has the flexibility and freedom to tailor loans to provide for unique financial needs and to deliver decisions quickly.
Riverdale Funding, LLC
207 Mockingbird Lane
Johnson City, Tennessee
Phone: (888) 368-4983
CREFCOA – Commercial Real Estate Finance Company of America – is considered a top, online provider of multifamily and commercial real estate debt. It has been structured as an independent commercial real estate financial intermediary and finance company that is privately held. This company works to originate both multifamily and commercial real estate loans for its marketplace of lenders using a standardized product driven online platform.
The financing provided by CREFCOA is done through a marketplace, made up of all types of institutional investors, including pension funds, CMBS, Freddie Mac, Fannie Mae, life companies, HUD, investment banks and more. This is a full-service company providing all facets of the financing process. Financing is fast and easy thanks to the online electronic loan platform provided. Additionally, the in-house team is dedicated to ensuring clients are able to negotiate the most favorable terms and rates for their specific needs.
814 West Lantana Road, Suite 6
Lantana, Florida 33462
Phone: (844) 359-6413
Select Commercial Funding, LLC
The team at Select Commercial are experienced industry professionals focused on providing the very best financial solutions for every client served. The company works to manage all details related to the loan process from beginning to end and the company is proud of the reputation that has been built with the clients.
When working with Select Commercial Funding, LLC., clients will have a team of professionals acting as their commercial loan advisor and dedicated to helping find the optimal financing solutions for each client. Customized services are offered, ensuring tailored solutions are delivered to each person served.
Some of the loan programs offered by this company include owner occupied real estate, apartment building loans, special use properties, commercial real estate loans, bridge loans, credit and income help and credit lease transactions.
Select Commercial Funding, LLC
1233 Beach Street, Suite #33
Atlantic Beach, NY 11509
Phone: (516) 596-8537
Commercial Loan Direct
Originally founded in March of 2011 and considered a correspondent lender, Commercial Loan Direct has more than 200 loan products available to clients across the country. This means that the company is able to provide loans on behalf of other financial institutions throughout the United States, which includes private institutions, savings banks, credit unions, insurance companies and more. This provides clients with a huge array of loan options to choose from.
However, Commercial Loan Direct is much more than just a lender. The professional staff are all loan experts and real estate industry experts who have a broad knowledge base in other fields, too, which allows them to help find unique and customized solutions for every client served. Focused on providing financing solutions for large, mid-size and small balance multifamily and commercial loans, Commercial Loan Direct is also a member of the National Mortgage Bankers Association, the Georgia Lenders Quality Circle and has received an “A” ranking from the Better Business Bureau.
Commercial Loan Direct
1001 Bayhill Drive 2nd Floor
San Bruno, California 94066
Phone: (800) 687-0797
VISIO Lending is a company that thrives on real estate. The company has, to date, financed or sold over $250 in residential real estate across the country. Thanks to the experienced team of professional, in-house staff members, it is clear this company understands the unique needs of those investing in real estate. They can easily provide advice and guidance on the loan process, while ensuring each client receives the custom loan products needed to ensure their endeavor is successful.
This company has been named in the Top 5 Hard Money Lender list by the Scotsman Guide in 2013, ranked number six in the Austin Business Journal and has been recognized as one of the fastest growing companies in the Central Texas area for 2016. VISIO Lending also offers a wide array of financing products and provides customized solutions to ensure each client’s needs are met, regardless of how unique they may be. With a satisfaction guarantee provided to clients using their services, there is peace of mind that a “good deal” will be associated with VISIO Lending.
1905 Kramer Lane, Ste. B700
Austin, TX 78758
Phone: (888) 521-0353
Finding the Commercial Mortgage Lender that is Right for You
Remember, the list here is designed to help you get started. Learning about the available companies providing commercial loans is the best way to make an informed decision. The worst thing you can do is rush into a loan without knowing all your options or all the details.
Be sure to conduct your own research on the companies you are interested in using to ensure they have experience with your particular situation. Each of the companies on this list has high accolades from others in the industry, as well as from past customers, making them viable options for your loan needs.
By evaluating the options, considering your needs, and doing a bit of comparison shopping, you will be able to find the lender that best meshes with you and what you are looking for. Failure to take your time may lead to issues now and in the future.