Commercial Loan Lenders

[Rebekah Bloom]

Hi everyone- I currently own 2 SFR's that I paid for in cash. My first purchase was a condo that I use as a STR in Branson, MO and my second is located in Cleveland that will be used as a LTR. I am looking into multi-family properties at this point in the Cleveland area and am hoping I can get some recommendations for loan lenders on this. I am a situation where I file my taxes jointly with my husband but would like the mortgage/loan in my name only. Does anyone have any experience with this type of scenario? Yesterday I spoke with a company called Commercial Direct which is a division of Silver Hill Funding and was a bit wary of their process: send them the property(ies) I am interested in, if numbers work I pay them $500 to begin the application process and turn around is about 60 days. They do not offer a pre-approval letter so it becomes a gamble that #1) The loan is even approved and I have lost $500 or 2) The property will still be available in 60 days and there is nothing I can show the seller in the meantime about serious interest.

Any recommendations for lenders with experience in this would be greatly appreciated!