Need Commercial Mortgage Loans?
We Deliver Pre-qualified Commercial Loan Apps
Right to Your E-mail Box
Each Loan Will Be The Right Size, in the Right Location, and on the Right Type of Property.
No Set-Up Fees. No Monthly Fees. Pay Just 25 to 50 Basis Points When a Deal Closes.
Do want to close more commercial mortgage loans? If so, joining C-Loans as a lender is a no-brainer. You will instantly see dozens of qualified new deals every month. Please take a moment to view a sample loan application
As you can see, you can determine in seconds if the deal is a good one or not. If the deal is junk, you can turn it down with just one click using our EasyReply System. If you like the deal, you can immediately call the borrower directly. You can also use the EasyReply System to instantly beam the borrower a quote and a checklist of required documents. It's all point-and-click technology.
Who is C-Loans, Inc.®? We are the sister company of Blackburne & Sons Realty Capital Corporation, one of the largest and oldest private money commercial mortgage companies in the country. Blackburne & Sons was incorporated in 1980, making this our 36th year in business. You can view our audited financial statement. Please note that our sister company is a $50 million direct commercial mortgage lender itself.
"Do internet loan applications really work?" C-Loans lenders have closed over 1,000 commercial mortgage loans totaling over $1 billion. For a list of the hundreds of banks who have closed C-Loans deals, please click here.
"How does C-Loans.com get so many commercial loan applications?" C-Loans, Inc. owns CommercialMortgage.com, CommercialLoans.com, CommercialRealEstateLoans.com, IncomePropertyLoans.com, and 200 other commercial mortgage finance related web sites. We have operated our websites now for 16 years, and the search engines really seem to like us.
"How many loans will I get?" It depends on your lending area. A conduit lender can expect to see at least 15 loans per month over $5 million. A bank lending nationwide could see 20 to 30 deals a month. A mid-sized bank lending statewide might see 15 deals per month. If you only lend in Northeast St. Louis, you will of course see fewer deals.
"How much does it cost?" There is no set-up fee to join C-Loans, nor is there is any monthly charge. Banks, life companies, and prime CMBS lenders pay just 37.5 basis points when a deal closes (just 25 basis points on deals larger than $5MM). Non-prime lenders, sub-prime lenders, bridge lenders, hard money lenders, and mezzanine lenders pay just 50 basis points. Most banks and other commercial lenders simply bump their normal loan fee by 25 to 50 basis points to cover our fee.
"Do we have to sign an agreement?" No. We're happy to start sending you deals immediately based only on a verbal handshake. If for some reason you need a written agreement, you'll find one here: http://www.c-loans.com/license.html
"Gee, George, I'd love to join C-Loans, but I know my boss would never agree to let me pay a fee to a mortgage broker."
C-Loans, Inc. is not a broker. We simply license software that allows your bank to receive numerous SBA loans and conventional commercial real estate loan applications online. We will happily license this software to your bank (and allow your bank to be listed on C-Loans.com) for a small flat fee each month. The amount of our licensing fee depends on the size of your bank:
For banks with less than $2 billion in assets, the cost is just $250 per month, and up to three loan officers can receive our SBA and commercial real estate loan leads. The bank owes nothing more, even if it closes a loan.
For banks with more than $2 billion in assets and less than $7 billion in assets, the cost is just $350 per month, and up to four loan officers can receive our SBA and commercial real estate loan leads. The bank owes nothing more, even if it closes a loan.
For banks with more than $7 billion in assets and less than $15 billion in assets, the cost is just $500 per month, and up to five loan officers can receive our SBA and commercial real estate loan leads. The bank owes nothing more, even if it closes a loan.
For banks with more than $15 billion in assets, the cost is just $1,000 per month, and up to ten loan officers can receive our SBA and commercial real estate loan leads. The bank owes nothing more, even if it closes a loan.
To join C-Loans using our new flat-fee program, please email Mick Carlson, General Manager, at firstname.lastname@example.org or call him at 574-855-6292.
That being said, the vast majority of our participating banks choose to take advantage of our Guaranteed Success Program, where the bank doesn't have to pay a single cent unless it closes a commercial loan using our software; but the choice is yours.
"Can anybody join C-Loans as a lender?" No. You must be a bona fide, direct lender and not a mortgage broker in disguise. You must service at least $20 million in commercial loans to join C-Loans as a lender.
A couple of minor points. We are not the borrower's mortgage broker, nor are we your correspondents. C-Loans is just a software company that licenses commercial loan application software to lenders. The loan applications will come directly to you. In most cases, C-Loans will not even look at the applications. If you receive an attractive loan application, it is up to you to please call the borrower, realtor, or mortgage broker immediately.
"Okay, let me get this straight. There is no set-up fee to join C-Loans, nor is there any monthly fee. I only have to pay you a tiny fee if I actually close a deal, and I can always just bump up my usual loan fee a little bit to cover your licensing fee. This is indeed a no-brainer. What do I do?"
Simply click on any of the gray buttons that say, "Join C-Loans as a Lender" or call Mick Carlson, General Manager of C-Loans, Inc., at 574-855-6292. If its after hours and you have a question, you can email Mick at email@example.com.
Within 24 hours you should start receiving loan applications. "It's that easy?" Yup. Welcome to the C-Loans® family.
George Blackburne, III, Esq.
4811 Chippendale Drive, Suite 101
Sacramento, CA 95841