At First Commercial
Mortgage, we are pleased to answer any question that you may have. We have addressed some of the most frequently
asked questions from over the years. Please feel free to call or email
us if we can be of any further assistance.
Q. What makes First
Commercial Mortgage, Inc. different from its competitors and one of the best
sources for securing commercial property financing?
A. In addition to providing the most desired loan programs, we provide
borrowers with many benefits, options and of course, a true mortgage banking
relationship. We want to close your loan and have you as a
repeat borrower. It's that simple!
Q. What is the time
frame?
A. You can expect a response within 24 hours and we strive to close all
loans in less than 45 days.
Q. What fees and costs
are involved.
A. Fees and costs vary with each program. We will provide the
most competitive overall deal in the market.
Q. What information do I
need to supply to get a quote?
A. Generally, we would need to receive a property description, income
and expense data, a current rent roll (for multi-tenanted properties) and
several property photos.
Q.
Do I need to send any money to get a quote?
A. Never. We
will (without any obligation to you) immediately review the data and give
you a quote.
Q. Will you review a
deal before we finalize a purchase contract?
A. Absolutely! Many times, borrowers will get our feedback to
assist them in understanding a deal or to confirm the underwriting cash
flow. We want you to feel that you have a friend in the business that
you can consistently rely upon.
Q. What can I expect
from start to finish?
A. Quick responses, unbiased feedback, great benefits, competitive
rates and a company that earns your business and trust.