Commercial Loans Blog

25 Best Cities for Commercial Loans - Texas is Thriving!

Posted by George Blackburne on Fri, Dec 30, 2011

Forbes Magazine just released its list of the 25 best performing cities in America.  These cities are where nationwide commercial lenders want to San Antoniolend.  We lenders call such cities, "Primary Markets".

If you are a commercial mortgage broker trying to convince a lender to make a commercial loan in one of the cities, or if you are a commercial real estate broker trying to sell a commercial property in one of these cities, being on this list is a BIG deal!  Be sure to stress it to your investor.

Forbes' List is based on the Milken Institute's Best-Performing Cities Index.  This index measures U.S. metropolitan areas based on growth in jobs, wages and salaries, as well as technology output. It weighs these factors over a five-year span, to account for varying business cycles.  It stirs in the latest year’s performance, and it then adds each city's 12-month job growth performance to account for recent momentum.

Here are the Top Ten Best Performing Cities in America:

  1. San Antonio, TX
  2. El Paso, TX
  3. Fort Collins-Loveland, CO
  4. Austin-Round Rock, TX
  5. Killeen-Temple-Fort Hood, TX
  6. Salt Lake City, UT
  7. Anchorage, AK
  8. Huntsville, AL
  9. Provo-Orem, UT
  10. Kennewick-Richland-Pasco, WA

Be sure to note that four out of the top five best performing cities in the country are located in Texas!

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To see the complete list of the 25 best performing cities in America, please click here.

Topics: Best Cities for Commercial Loans

Mortgage Brokers Can Buy Commercial Leads From C-Loans

Posted by George Blackburne on Wed, Dec 21, 2011

Every day our commercial mortgage portal, C-Loans.com, generates between 50 to 100 commercial mortgage leads.  Mortgage brokers can buy most of these leads for just $1 to $3 apiece, plus a closing fee of 37.5 bps. (a little more than one-third of a point), if the deal closes.

What do our commercial leads look like?  Please click here to view a sample lead.

commercial leadAre our leads any good?  C-Loans has closed over 1,000 different commercial real estate loans totaling over $1 billion.  This is probably more closings than most of our competitors combined.  It is interesting to note that two out of every three commercial loans closed by C-Loans in the past three years were closed by our lead buyers and commercial mortgage brokers, owners of small commercial mortgage companies just like yours, who took our deals to their own pocket commercial lenders.

Did you inquire into buying our commercial mortgage leads in the past?  Were you discouraged at your chances of qualifying to buy our leads?  In the past, C-Loans required substantial commercial loan experience and a credit score of 700 or higher in order to qualify to buy our commercial leads.  We here at C-Loans have come to realize that most mortgage brokers were chewed up financialy by the Great Recession, and their personal credit suffered greatly.

C-Loans has therefore greatly relaxed its credit, financial, and experience standards required to buy our commercial leads.  Most brokers will now qualify to buy our leads, even if their credit is significantly damaged.

Interested in more details about buying our commercial leads?  Please click below:

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Topics: commercial leads

Inside Secrets to Earning Huge Referral Fees for Commercial Loans

Posted by George Blackburne on Thu, Dec 15, 2011

C-Loans.com once paid a guy a referral fee of $21,250 for referring us a commercial loan.  The really funny thing is that the guy was asleep when he referred us that loan.  Really.  How is that even possible?

describe the imageThere are lots of tricks and techniques you can use to find more commercial mortgage referrals to send to Blackburne & Sons and/or C-Loans, Inc.  For example, where do you find commercial loans to refer?  Is there a way to automate the process so you can earn $5,000 referral fees in your sleep, just like that lucky guy described above?

You'll find the answers in our wonderful free whitepaper, The Inside Secrets of Earning Huge Referral Fees.

 

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Topics: referral fees

Referral Fees for Commercial Loans

Posted by George Blackburne on Wed, Dec 7, 2011

From time to time you probably run across business owners and investors who are looking for a commercial real estate loan.  Blackburne & Sons will happily pay you a 20% referral fee for that lead.

referral feesAll you have to do is visit our Commercial Lead Input Form.  Then just fill in the name of the borrower.  Voila!  You're done.  When the deal closes, we'll send you a big referral fee.  We once paid a $21,250 referral fee to a guy named Alan Dunn from a company named Spydercube.  Wow.  As you can imagine, he was pretty happy to get that call.

Why don't you please go to our Commercial Lead Input Page and bookmark it right now?

 

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Topics: referral fees