Frequently Asked Questions
1. What advantage does a reputable Commercial Mortgage Broker give you ?
A reputable mortgage broker will provide you several advantages that will ultimately save you money.
- Options - An independent mortgage broker will comparison shop the loan request with numerous lenders giving the borrower several options to choose from. This saves the client time and effort in looking by themselves and allows the borrower to choose the loan that best fits their needs.
- Connections - An independent mortgage broker is working in the trenches everyday and knows the best lenders at the lowest cost that best fit the borrower’s request, again giving the borrower the choice and flexibility in choosing a loan.
- Expertise - A reputable mortgage broker knows what the lender is looking for and knows how to present the loan request to get the best deal possible. Quality lenders recognize this added value, and many are willing to reduce their loan fee in order to accommodate the mortgage broker’s compensation, resulting in no additional cost to the borrower.
2. What makes Cornerstone Commercial Mortgage different from other mortgage brokers?
Consulting: We provide predevelopment consulting services, which may include preparing feasibility analysis, proformas, investor presentations, lender presentations and other related requests.
- Options: We always provide the borrower with various options as to make sure the client is getting the best deal available.
- Honesty: We never promise something we cannot deliver. When the borrower is working with us, they know we are always up front and never hide the truth.
- Guidance: We guide the borrower throughout the loan process from the beginning to the end never leaving the borrower without assistance to complete the transaction.
- Commitment: We take a long term approach to the client relationship. We see each client as a repeat customer and know by serving the client with integrity the first time, they will come back.
- Ongoing Resource: We are a continuing resource for the client well after the transaction is closed. We are available to answer questions the client may have on future or existing projects whether we are participating for a fee or not.
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