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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceObtaining a Commercial Mortgage: Broker vs DIY?
Jonathan Makovsky's profile image
Jonathan Makovsky's profile image
Jonathan Makovsky
Pro Member
  • Investor
  • from Fairfield-New Haven-Hartford County, CT
  • Member since Nov 21, 2013
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Jonathan Makovsky's profile image
Jonathan Makovsky's profile image
Jonathan Makovsky
Pro Member
  • Investor
  • from Fairfield-New Haven-Hartford County, CT
  • Member since Nov 21, 2013
Connect
Jonathan Makovsky
Pro Member
  • Investor
  • Fairfield-New Haven-Hartford County, CT
412
Votes |
825
Posts
Private Lending & Conventional Mortgage Advice

Obtaining a Commercial Mortgage: Broker vs DIY?

Jonathan Makovsky
Pro Member
  • Investor
  • Fairfield-New Haven-Hartford County, CT
Posted Feb 26 2015, 16:22

We have a 16-unit multi-family in Central Connecticut under contract for just north of $500K and would like recommendations for obtaining a commercial mortgage. Should we shop the loan ourselves to portfolio lenders, or give it to a mortgage broker?

If the latter, is it appropriate to do a combination of the two if we have pre-existing relationships with lenders and disclose that to the broker?

Thanks in advance.

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