Mortgage lenders comprise two very different types of institutions. The largest number of them are mortgage companies -- or, as they prefer to be called, mortgage banks. Mortgage banks are state-chartered temporary lenders who must sell the loans they originate because they do not have the long-term funding needed to hold them permanently.
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Wednesday, August 27, 2008
posted by ispeak
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1 comments:
Great article Commercial Real Estate investors but investors may want to consider another way to look for commercial investments.
I started using BuilderBrokerNetwork.com, it's really inexpensive (I think it's $59.99 a year). Basically, it networks commercial brokers, builders, and commercial investors together. They have a Wants/Needs section that allows investors or buyes who are looking for certain types of commercial properties to post their needs then it's broadcasted to their database.
Hope this helps.
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