Inglis Commercial Mortgages differentiates itself from the competition in four ways:

We operate exclusively in the private and commercial financing industry. All our focus and attention is directed towards finding and building relationships with private lenders and investors as well as commercial based lenders.

We approach financing in a team approach. Indirectly we become your real estate financing division.  We learn about you and/or your company; its values, its potential and goals and create an accurate image to present to lenders.

We develop long term functional relationships with our clients. This relationship complimented by our team approach allows us to better provide financing solutions presently and in the future.  After one project we are able to service your financing needs in a timely manner for each subsequent project.

We submit your loan request to the proper lender/investor. Some businesses and individuals attempt to source out private or commercial funds but it is usually a far cry from their primary area of expertise. They present projects to lenders on a mass scale, by simply sending out emails with bits and pieces of information concerning the project and sometimes they send the file to lenders even though it does not meet their lending criteria.  This causes two problems: one, if a loan request is not put together properly it will simply fall through the cracks.  Lenders/investors receive hundreds of loan requests on a weekly basis and if they are not arranged in a clear and concise manner the lender will simply discard it and move onto the next file.  Two, sending deals out on a mass scale can destroy a project before it begins.  Lenders/investors talk to each other, if a deal pops up on all of their desks all it takes is one of them to decline and the word is out.  We have seen this issue first hand and the effects it can have on a project.

At Inglis commercial mortgages we do the leg work by creating a loan summary or proposal (for larger projects) which properly summarizes the loan request.  We arrange all of the pertinent details of the request in a format which suits specific lenders.  We don’t mass market, we “target market” by connecting you with a lender that services your type of project.

What are the Costs?

1. Retainer – a retainer is only charged on certain projects.  The purpose of the retainer is to protect Inglis Commercial Mortgages (ICM) and account for resources required to market the file properly.
   
   Example:
   Loan Request       $1,500,000
   Retainer               $      1,500
   
   The retainer will be used to cover costs associated with preparing the documents, travel if required and protecting ICM’s time investment
   
   
2. Lender/Broker Fees – fees are a percentage of the loan amount, they are determined by risk and difficulty of the file.  At time of closing they are deducted from the loan with the remainder being released to the borrower.