The other day a fight commercial mortgage broker wrote to me and begged me for advice. He was not the closure of one thing, and he was scared to death. This is what I told him:
* Now stick exclusively to small business loans permanent. I do not work at just over $ 3 million unless you have a special relationship with the borrower (former client). Small business loans are those that close and feed his family.
* Do not waste time working on large Commercial mortgage loan. Large loans not just close.
* Do not waste precious time working on the construction loan. The world has a lot more homes and commercial buildings at the moment.
* Never waste a minute on international loans. We never close. Ever. Ever!
* Read my blog every day for suggestions.
* Create a database of reference sources and send a periodic newsletter.
* While it is not written in newsletters, subscribe to the newsletter of my service.
* Learn how to create your loan packages using PDF's.
* Start driving the purchase of commercial mortgage Loan.
* Get the signing of an agreement for payment on each front.
* Do not waste valuable time marketing job offers with a low probability of closing.
* Maintain 15 to 18 loans in process at all times. You only about 30%.
* Only work with commercial mortgage loan officers b.
* Becoming friends with key officials of commercial mortgage loan to various banks
