Your vision is our mission...


Home
Project Site Forecasts
Project Feasibility Studies
Project Funding Proposals
Loan Proposals
Project Business Plans
Offering Memorandums
CDD Finance Plans
TIF & PILOT Plans
Lease Abstracting
Senior Housing Consulting
Business Consulting
Real Estate Syndications
Private Placement Offerings
SEO Website Marketing
Bridge & Mezzanine Loans
Escrow Loans
Hard Money Loans
Tax Credit Financing
A/R Factoring & Financing
Projects & Clients
Glossary of Terms

 

Commercial Mortgage Brokers - Continued...

Selecting a commercial mortgage broker to fund your commercial real estate development project is fraught with dangers.  If you are seeking a successful outcome using the commercial mortgage broker route, then make the best of it.  Here are some of our tips:

Ask for the last 10 deals the broker has completed and funded.  If the broker won't provide the information, then move on to another broker without further discussion.

Investigate the list.  Make sure it isn't a "salted" list of related companies or worse.

Ask the broker which institutions they have a correspondent agreement with.  If they say they don't have one or won't let you see it, you are dealing with the wrong broker.

Some brokers are just connected to more brokers.  Every one of them wants to be paid a point, so you end up with too many points on a deal that won't get funded.

Some brokers "shot-gun" applications to a multitude of institutional investors with whom they have no more of a relationship than you do.  Shot-gun blasts should be avoided at all costs.

Ask the questions.  Listen to the answers.  If you aren't sure, call Rainmaker and seek the answers.

Call: 281.537.1200


What's New?

Tired of construction loan rejection letters?  Rainmaker has come up with a whole new way of funding construction that eliminates the developer's reliance upon construction mortgage financing, while creating financial investment leverage greater than 10:1!

All of the information is in our latest white paper.  Click here and download a copy and be prepared to be floored!

Email: consultants@rainmakermarketing.com.  Address: 15519 Dawnbrook Drive, Houston, Texas 77068.  281.537.1200. Open M-F 9 to 5 (CST).

 

About Rainmaker Marketing Corporation...

Rainmaker Marketing Corporation, Inc. is a B2B consulting firm built from the ground up by Clint Lovell on the premise of providing market feasibility studies (hence the name Rainmaker Marketing) to the senior housing development industry for projects seeking FHA/HUD-insured financing.  Rainmaker started business in 1993, though its roots extend back to 1988.  In the intervening years, the depth of services has been enhanced to provide a complete continuum of due diligence documents and consulting services.

Today, Rainmaker has completed literally hundreds upon hundreds of consulting assignments on projects in the housing, health care, retail, commercial office and hospitality industries throughout North America - including projects in 45 of the 50 states, Canada, Mexico and the Caribbean Basin.  The resulting reports and consulting services provided by Rainmaker have resulted in billions of dollars in new development.  Our clients have included publicly-traded companies, privately-held companies, government bodies and not-for-profit organizations.  

When Should You Be Talking To Rainmaker?

If you will be seeking construction financing from a third-party lender (or investor) with whom you do not already enjoy a previous underwriting relationship, then you need to be talking to Rainmaker.  If you have insufficient equity or assets necessary to sustain a construction mortgage financing for a new construction project, then you need to be talking to Rainmaker about the alternatives.  If you have doubts, Rainmaker is the firm to turn to when it's time to deal with them.

© Copyright, Rainmaker Marketing Corporation, Inc. 2004 - 2009.  All rights reserved.