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Updated over 3 years ago, 03/29/2021
How do I find a local commercial real estate lender?
Hello Fellow Investors,
I need advice as to how to qualify and find a lender in SW Florida for land or land/construction loan for multiple lots (portfolio/commercial loan?). Also what should I expect in terms of underwriting and closing time? I have about 2 weeks to close.
Thank you kindly!
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
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#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Originally posted by @Anna Smith:
Hello Fellow Investors,
I need advice as to how to qualify and find a lender in SW Florida for land or land/construction loan for multiple lots (portfolio/commercial loan?). Also what should I expect in terms of underwriting and closing time? I have about 2 weeks to close.
Thank you kindly!
Best bet will be to contact several local commercial banks. They Well want to see your complete financial package, rates and terms will vary depending on the bank, your experience, and your financials.
@Anna Davis
Ask the brokers who they like to work with as well as others at local meetups and facebook groups.
