Securing the right commercial property requires expertise to ensure your hard-earned money will be worth the backing. This is when a commercial mortgage broker can be a valuable asset. The key is partnering with one that will have your best interests at heart for creating customized financing for a wide range of investment properties. When deciding between a HUD, Fannie Mae, Freddie Mac, CMBS, or a Bridge loan, the right commercial mortgage broker can guide you to the right mortgage. Here are four traits to look for in these real estate loan specialists.

The Top 4 Attributes of Good Commercial Mortgage Brokers

1. Attuned to the Market

You’ll want to work with a professional who has their finger on the pulse of the market. They are keenly attuned to the current trends, including which areas are booming and whether investment properties have long-term sustainability. With this knowledge, a professional commercial mortgage broker can tailor loan financing to meet your needs.

2. Transparent & Upfront

The best brokers value providing clear and concise information to their clients. Detailed information on rates, terms, and fees on loans are presented upfront. When presented with several financing options, you can make an informed decision. If you have questions or need clarification, your broker should also be glad to go over the details.

3. Accessible

Whether in person, by phone or email, the top commercial mortgage brokers are always available to their clients. After all, they are working on your behalf to find you the best loans for investment properties.  If you need to reach them, there should be reasonable follow-ups, including on evenings and weekends.

4. Detail-Oriented

With commercial investment property financing, the fine details make a significant difference. If vital information is not included in the deal, the consequences could be costly to you. An experienced broker is very detail-oriented and makes sure all areas are covered before closing the deal. They will also take the time to go over the loan’s terms with you beforehand.

You work hard for your money. Commercial property requires a unique mindset, particularly when it comes to financing. Howell Investment Finance in Ames, IA, is the area’s premier firm for securing loans for investment properties. They specialize in finding the right financing for you. Give them a call today at (515) 233-8228 to learn about the range of available loan options and request a free quote. To get an idea of the type of projects financed, visit the website. In addition to Ames, the firm proudly serves Des Moines, West Des Moines, Ankeny, Cedar Rapids, Iowa City, Cedar Falls, Dubuque, and the Quad Cities.