Listen to Audio Segment of Brad Hettich on Real Estate Revealed, December 13, 2020: Most of our customers are small business owners or owners of investment properties, retail properties or restaurants. They have been hit very hard by the pandemic. With the holiday season upon us, a lot of people are shopping online this year. Our…
Author: Brad Hettich
Preparing for Uncertainty in the Commercial Lending Process
Transcript of Real Estate Revealed Show on AM560 from Sunday, December 6, 2020 Good Morning. As always it is a pleasure being here this morning. This morning I wanted to discuss Preparing for Uncertainty in the Commercial Lending Process. We certainly try to make getting a commercial loan as smooth as possible here at…
What To Do If Your Bank Wants Out Of The Commercial Loan They Have With You
Listen to Audio Segment of Brad on Real Estate Revealed Here: Transcript of Real Estate Revealed Show on AM560 from Sunday, November 15, 2020 Good Morning. It is a bit brisk out there this morning. It appears our Indian Summer is finally over. I usually like to keep everything positive. There are always plenty of…
Think Like A Lender - 5 Key Questions Before Submitting A Commercial Loan Request
Listen to Audio Segment of Brad on Real Estate Revealed Here: Transcript of Real Estate Revealed Show on AM560 from Sunday, October 11, 2020 Good Morning and as always it is a pleasure being here. Today I want to encourage anyone looking to buy a commercial property to try and “Think Like a…
Commercial Lending - The Market Is Improving
We are now over six-months into the Covid-19 pandemic, and a lot has changed. We have all seen our work, educational, sports and personal lives upheaved, and although some things are starting to return back to normal, it still feels that we are quite far away from having things completely normalized. We have moved away…
3 Myths About Commercial Lending
Listen to Audio Segment of Brad on Real Estate Revealed Here: Transcript of Real Estate Revealed Show on AM560 from Sunday, September 20, 2020 Good Morning and as always it is a pleasure being here. It is another gorgeous late summer day – in fact today and tomorrow are the last two days of…
SBA in the Spot-Light
As a rule, most business owners have always preferred to borrow money directly from commercial banks or other funding sources without going through the hassle of securing government assistance. When it comes to SBA financing many business owners think the process is long and arduous. Although the process can be slightly longer and certainly some…
Commercial Loans - Are Lenders Still Lending?
For the past six weeks since the CARES Act passed Congress, it has largely felt like the traditional commercial lending market has come to a screeching halt. Banks and even non-bank lenders converted all of their resources to making Payroll Protection Program loans, commonly known as “PPP” loans, and in a mad rush to access…
March 2020 - Programs to Highlight
No Tax Return Owner-Occupied Commercial Property Financing: Under this program we can get financing on 50% or more owner-occupied commercial properties based on historical operating revenues for the operating company verified via bank statements for the company, with cash-out possible up to 75% of property value. The loan is a 5/1 Arm with rates fixed…
Coronavirus - How Will It Impact Commercial Lending?
The Coronavirus is probably the most important topic at this moment and may be the most important topic in all of 2020 (outside of the Presidential election), and it is causing a lot of confusion, anxiousness, market stress, political turmoil, and even some panic. I have spent a significant amount of time over the past…