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Providing residential-style approach for commercial mortgages, CLEAR commercial underwriting process concentrates on credit score and personal financial strength, rather than property cash flow. There are no minimum property debt service coverage requirements, so brokers can finance properties that many not pass traditional commercial underwriting guidelines. Written pre-approvals are provided within 48-72 hr of receiving loan application, and deals can be closed in 30-45 days.
Common-Sense Underwriting Delivers Additional Income for Brokers and Loan Officers
MIAMI, Jan. 10 -- Silver Hill Financial ( http://www.silverhillfinancial.com/ ), a leading national lender specializing in small-balance commercial real estate loans, introduces CLEAR -- Commercial Lending Easy As …