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Reasonable Loan Fees in Commercial Mortgage Brokerage – Construction loans are very difficult to close because 99% of developers who seek out a commercial mortgage broker for a construction loan do not have enough equity in the deal. At a minimum, a broker should charge one extra point on construction loans.
Commercial Lender Salary | PayScale – The average salary for a Commercial Lender is $81,835. Visit PayScale to research commercial lender salaries by city, experience, skill, employer and more.
This is NOT a get rich quick program and making money does not happen overnight with very little effort like some other loan broker training companies promote. Although one can make significant money in the commercial finance industry with our lenders, the chances are you will not retire by the beach after six months of attending our training.
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Despite nervous lenders and borrowers, local small-business lending still seen as healthy – For Phil Cooper, vice president for commercial lending at. “The perils of writing bad loans are all around us,” he said. “Right now, it’s, Can you get your money back?’ not How much can you make.
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