Once your loan is approved and terms have been finalized, your commercial loan closes.
What to expect from Commercial Direct:
We prepare your commercial loan documents, send them to a closing agent in your area and schedule a closing date. The closing agent arranges to disburse your funds.
What we'll need from you:
You'll work with the closing agent to schedule a time and place for closing – this could be the agent’s office, your home or business or another agreed upon location. At closing, the documentation is signed and your money is disbursed as outlined – typically by wire/direct deposit or check.
Congratulations!
Learn the secrets to getting the best commercial mortgage.