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» Commercial Broker Selection

Posted on 1/23/2005
It's important to keep in mind that commercial real estate loan brokers are not required to pass certification as with reseidential loan brokers. Therefore, it's critical to investigate and get recommendations from other borrowers who have worked with the broker prior to making a commitment.

A successful broker/borrower relationship can result in an excellent loan deal and the ability to choose from a variety of offers and lenders. On the flip side, an inexperienced or inept broker can add points to a deal unneccessarily, incorrectly select lenders and cost extra time.
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