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Updated almost 8 years ago,

User Stats

825
Posts
413
Votes
Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
413
Votes |
825
Posts

Obtaining a Commercial Mortgage: Broker vs DIY?

Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
Posted

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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