Commercial Lending Network
Direct access to commercial mortgage lenders.
Over 100 of the top commercial mortgage banks and lenders in the country are on PrePaid’s automated underwriting and loan placement platform for one purpose: to receive qualified deal flow from active buyers. PrePaid collects and organizes the client’s information and the Lenders only see deals that meet their underwriting guidelines. Each lender in the network receives on average, $200,000,000 or more in annual commercial loan volume to quote for PrePaid clients.
Synchronizing with the lenders
When you provide PrePaid with all your information, we complete a detailed loan submission package and upload your complete loan file to lenders that match your financing requirements. Lender matches are based on property type, LTV, DSCR, occupancy, location, loan amount, term, amortization, and requested loan type (permanent, refinance, construction, bridge, etc.). Since this is a real-time connection, underwriting is completed in a timely manner.
Receiving loan commitments from lenders:
A PrePaid Representative will notify you via email when a loan commitment is ready to download. Loan commitments include the proposed interest rate, terms, conditions, and third party closing costs. PrePaid provides this origination service as part of our standard membership with no additional fees.
Overall Strategy
PrePaid’s goal is to provide each of our clients numerous financing alternatives for their real estate capital needs. PrePaid believes it creates a competitive advantage in its ability to consistently originate a large volume of commercial mortgage loans for our lenders. As a high volume loan originator, PrePaid consistently receives the most competitive pricing and fastest turn around from our lenders.
Prepaid’s objective is to accomplish the following on behalf of our clients:
A. Expertise in Varied Product Types:
- Permanent long-term debt financing from “traditional” lenders;
- Short-term bridge loans or special situation financing;
- Construction financing;
- High leverage financing in the form of mezzanine loans or participating debt;
- Multifamily financing through Government Sponsored Enterprises (i.e. Fannie Mae DUS, Freddie Mac and FHA)
- Equity for acquisitions or joint ventures; and,
- Non-Recourse financing
B. Capital Sources:
PrePaid specializes in financing commercial real estate assets such as Office, Retail, Multi-Family, Hospitality, Mixed-Use, Self Storage and Industrial. Below is a sample of our lender base consisting of Life Insurance Companies, Agency Lenders, numerous banks, Credit Unions, Hedge Funds and capital market lending sources.
1st Centennial Bank |
Ambit Funding |
American Bank |
American Security Bank |
Arbor Commercial Mortgage, LLC |
Banco Popular NA |
Bank of Internet USA |
Bank of the West |
Brownstone Mortgage Capital |
Bulls Capital Partners, LLC |
Business Partners, LLC |
California Credit Union |
CAMPUS USA Credit Union |
Capital Development |
CENTENNIAL BANK |
Central Cooperative Bank |
Century Bank |
CIT |
Citibank |
City National Bank of West Virginia |
Community Commerce Bank |
Coppercrest Funding |
CornerBank, N.A. |
Credit Suisse |
CWCapital LLC |
EAST WEST BANK |
Emigrant Savings Bank |
Evolve Bank & Trust |
First American Bank |
First Credit Commercial Capital |
First Security Thrift |
First Service Bank Division of National Penn Bank |
Flushing Savings Bank |
Fortune Bancorp |
GE Real Estate |
Glenway Mortgage |
Great Lakes Bank |
Greystone & Co. |
Heritage Bank |
Independence Community Bank |
Irwin Union Bank, FSB |
JADDA Real Estate Fund |
KeyBank |
KeyBank Real Estate Capital |
La Jolla Bank |
Lakeside Community Bank |
Madison Realty Capital |
MARATHON FINANCIAL |
MEECORP Capital Markets |
Mercury Capital Corporation |
MetroBank |
Midwest Capital Corporation |
Mortgage Company of Santa Barbara |
Nellis Corporation |
Newman Financial Services, Inc. |
Noble Mortgage & Investments, LLC |
Pacific Capital Bank |
Pacific Capital Business Lending |
Pacific Western Bank |
Plaza Bank |
PNC Arcs |
Presidential Bank |
Principle Insurance Company |
Prudential Capital |
RBC Group |
Security Pacific Bank |
Serinova Financial, LLC |
small business loan source |
The Bank of Hemet |
The Bank of Hemet |
Trans Lending Corporation |
Union Bank Of CA. |
United Commercial Bank |
United Texas Bank |
US Bank |
ValuExpress, LLC |
Washington Federal |
Wells Fargo Commercial Finance |
Wells Fargo Commercial Mortgage |
WestStar Bank |
Whitney Bank |
Zion’s National Bank |
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