October 14, 2014
In looking at the qualities of a superior apartment loan broker, the following three come to mind:
1. When they give you a letter of interest and you pay your deposit, you have a good degree of comfort that they will be able to complete your loan. No apartment loan broker can guarantee that the loan will close, but a very good multifamily loan broker will have a very high closing percentage of loans.
This quality is number one. Why? Because an inexperienced multifamily loan broker or one that is not so caring about the customer, may end up not being... more