Lenders Depot's commercial mortgage lending activities include direct placement of loans to a number of institutional and/or Wall Street-backed lending operations with which the Company has a correspondent relationship. In such situations, the Company often has the authority to directly underwrite such loans and commit for the funding on behalf of the Lender. Loans are sometimes closed under Lenders Depot documentation, then assigned to the institution or Wall Street-backed entity.
Types of commercial/investment properties for which Lenders Depot has provided financing include the following:
- Apartment Buildings
- Retail Center
- Hotels/Motels
- Casino
- Office Buildings
- Industrial Buildings
- Land Loans
- Theme Parks
- Golf Courses
- Churches
- Flag Restaurants
- Housing Developments
Rates and terms vary depending on property type and condition, market factors at any given point in time, and the source of funds. Lenders Depot prides itself in having the ability, through its internal funding capabilities and network of external funding sources, to develop creative funding solutions to often-complex lending situations.
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