Overview - C-Loans, Inc.
C-Loans.com is owned by C-Loans, Inc., a Sacramento-based software development company. C-Loans, Inc. is the sister company of Blackburne & Sons Realty Capital Corporation, one of the oldest surviving private money (hard money) commercial mortgage companies in the country. Blackburne & Sons was founded in June of 1980, making the company over 35 years old. The C-Loans® Commercial Mortgage System was created in 1999.
C-Loans(R) is a commercial mortgage portal. In plain English, this means it is a website where a user can fill out just one short application and then submit that single application to hundreds and hundreds of different commercial real estate lenders, in search of the best loan for the borrower. Over 750 different commercial mortgage lenders - mostly banks - participate on the C-Loans System. At least 150 of these lenders are either life companies, conduits, savings banks, credit unions, or private money lenders. If a commercial loan deserves to be funded, there are usually at least 20 to 30 lenders who would be suitable for the loan.
C-Loans® has closed more than 1,000 commercial real estate loans totaling over $1 billion.