To Receive Your 200 Free SBA Loan Leads or 200 Free Conventional Commercial Loan Leads, Just Tell Us Your Commercial Lending Preferences.
C-Loans.com is a commercial mortgage portal that delivers carefully scrubbed commercial real estate loan applications to around 750 banks and other commercial lenders across the country. It costs banks nothing to join C-Loans.com, and there is no monthly fee.
We get paid when our banks close deals for us. If your bank normally charges 1 point, we ask that you bump up your normal loan fee to 1.375 points. After the loan closes, we will submit an invoice for our little 0.375 point software licensing fee. (Just 0.25 point on deals larger than $5 million.)
Does it work? C-Loans has closed more than 1,000 commercial real estate loans totaling over $1 billion.
Earlier we promised you 200 free SBA or conventional commercial loan leads. When banks are listed on C-Loans.com, they typically receive three to ten commercial loan applications per week at no cost to the bank. Sometimes, however, banks are in a big push to close more commercial loans. Rather than just wait for leads to arrive in their email box, these hungry banks can go into our Lender Vault and buy additional leads for $1 to $9 apiece.
As soon as you tell us your commercial lending preferences (see the form to the right), we will give you access to our Lender Vault and teach you how to use it. We will also load your account with enough credits to allow you to buy 200 perfect leads right now.
Get excited! This new relationship should increase your personal loan volume by at least 20%. Remember, C-Loans has been online now for over 19 years, and hundreds of banks already participate.
To the right you'll see a little form where we will collect your commercial lending preferences. In the Lending Area field, please type in the counties where you will lend, or type in a general region, like, "Within 75 miles of St. Louis" or "Northern Kentucky." Over time, working together, we'll later make any minor adjustments that still need to be made.
Next we get to Acceptable Property Types. If you're a typical bank, you don't have to click on every possible property type. Simply click on the button, "Typical Bank Properties." Or you can leave that box unchecked and check only those property types on which you are actively lending.
Joining C-Loans Can Change Your Life!
There are a number of loan officers on C-Loans who have closed more than 40 commercial loans for us each.
How is this possible? Lenders on C-Loans appear on our Suggested Lender List according to how diligently they work our leads and according to how many loans they have closed for us. Since borrowers tend to pick the lenders at the top of the list, the more loans you close for C-Loans, the more loan applications that are likely to see. If you can close a couple of loans for us and pull closer to the head of the pack, you'll receive far more applications than your co-workers and buddies.
Remember, websites owned by C-Loans are everywhere on the internet. We own CommercialMortgage.com (we paid $100,000 just for that domain name), CommercialLoans.com, CommercialLenders.com, CommercialRealEstateLoans.com, IncomePropertyLoans.com, and hundreds of others. You WANT to become a superstar on C-Loans.
And here's the secret: To our surprise, C-Loans did not turn out to be a rate-bidding contest. No-no-no! It turned out to be more of a race. The first banker with reasonable rates to reach the borrower usually wins.
This means that any loan officer - even one with only so-so rates - can be very successful on C-Loans.