Overview - Lenders
Do want to close more commercial mortgage loans? If so, joining C-Loans as a lender is a no-brainer. You will instantly see dozens of qualified new deals every month. Please take a moment to view a sample loan application. To qualify as a lender, you must service at least $20 million in commercial real estate loans. This means that the borrowers must make their payments to you each month.
As you can see from the sample loan application, you can determine in seconds if the deal is a good one or not. If the deal is junk, you can turn it down with just one click using our EasyReply System. If you like the deal, you can immediately call the borrower directly. You can also use the EasyReply System to instantly beam the borrower a quote and a checklist of required documents. It's all point-and-click technology.
Who is C-Loans, Inc.®? We are the sister company of Blackburne & Sons Realty Capital Corporation, one of the largest and oldest private money commercial mortgage companies in the country. Blackburne & Sons was incorporated in 1980, making this our 36th year in business. You can view our audited financial statement. Please note that our sister company is a $50 million direct commercial mortgage lender itself.
"Do internet loan applications really work?" C-Loans lenders have closed over 1,000 commercial mortgage loans totaling over $1 billion. For a list of the hundreds of banks who have closed C-Loans deals, please click here.
"How does C-Loans.com get so many commercial loan applications?" C-Loans, Inc. owns CommercialMortgage.com, CommercialLoans.com, CommercialRealEstateLoans.com, IncomePropertyLoans.com, and 200 other commercial mortgage finance related web sites. We have operated our websites now for 16 years, and the search engines really seem to like us.
"How much does it cost?" There is no set-up fee to join C-Loans, nor is there is any monthly charge. If you never close a commercial loan, joining C-Loans will not cost your bank a penny. But if you do close a loan from us, banks, life companies, and prime CMBS lenderspay just 37.5 basis points when a deal closes (just 25 basis points on deals larger than $5MM). Non-prime lenders, sub-prime lenders, bridge lenders, hard money lenders, and mezzanine lenders pay just 50 basis points. Most banks and other commercial lenders simply bump their normal loan fee by 25 to 50 basis points to cover our fee.
George Blackburne III, Esq.
BLACKBURNE & SONS REALTY CAPITAL CORPORATION
4811 Chippendale Drive, Suite 101
Sacramento, CA 95841