Montgomery Lending's Commercial Mortgage Process

At Montgomery Lending, we specialize in securing commercial real estate financing tailored to your unique needs.

Whether you're purchasing an office building, retail center, or multifamily property, our streamlined process ensures transparency and efficiency from initial contact to closing.

Below, we outline each step so you know exactly what to expect when you partner with us.

1. Initial Contact:

Your journey starts when you reach out to us via phone, email, or our online form.

We'll schedule a consultation to discuss your commercial real estate goals, property type, and financing needs.

This no-obligation conversation helps us understand your vision and answer any questions about our brokerage services.

We’ll ask about your project scope and financial objectives.

You’ll learn how we leverage our lender network to your advantage.

2. Needs Assessment & Document Collection:

We dive deeper into your financing needs, reviewing property details, your financial situation, and loan preferences (e.g., fixed-rate, bridge, or SBA loans).

We’ll guide you in gathering essential documents, such as financial statements, property appraisals, and business plans, to build a strong loan application.

Consultations can be virtual, in-person, or by phone.

Once Montgomery Lending is selected as your CRE mortgage broker, a formal broker agreement will be executed before initiating the lender search for Letters of Intent (LOIs).

This agreement ensures transparency, outlines the scope of services, and protects both parties as we work to secure the best financing terms for your investment.

We provide a checklist to simplify document collection.

Our team identifies suitable loan programs from our lender network.

3. Letter of Intent (LOI) & Lender Matching

We prepare or review a Letter of Intent (LOI), a non-binding document tailored to your transaction.

For property purchases, the LOI outlines preliminary terms with the seller, including the proposed purchase price, earnest money deposit, due diligence timeline, and any contingencies like financing approval.

For financing—whether for a purchase, refinance, or construction loan—the LOI serves as a term sheet with a lender, specifying the proposed loan amount, estimated interest rate range, repayment term, and conditions such as loan-to-value ratios or appraisal requirements.

These steps clarify expectations for all parties, enabling smooth negotiations without a firm commitment.

Using our extensive lender network, we shop your deal to find the best financing terms, rates, and structures, presenting a detailed proposal comparing top offers.

LOI preparation or review within 1-2 business days.

We negotiate favorable LOI terms to strengthen your position.

Loan proposals delivered within 2-3 business days, tailored to LOI terms.

4. Loan Application & Underwriting:

Once you select a lender, we submit your application, referencing the LOI terms, and manage the underwriting process.

We coordinate with appraisers, environmental consultants, and the lender to meet all requirements.

Our team keeps you updated and handles additional documentation requests to ensure a smooth process.

Regular updates via email or phone.

We streamline communication between all parties.

Typical underwriting takes 1-4 weeks, depending on loan complexity.

5. Loan Approval & Final Review:

After underwriting, the lender issues a commitment letter formalizing terms outlined in the LOI.

We review this with you to confirm alignment with your expectations.

Any final conditions, such as title insurance or insurance requirements, are addressed promptly to prepare for closing.

Detailed review of loan terms to avoid surprises.

We coordinate with your attorney or advisor if needed.

Final conditions typically cleared within 1-2 weeks.

6. Closing:

At closing, you’ll sign the final loan documents, and funds are disbursed to complete your transaction.

We ensure all parties—lender, title company, and settlement agent—are aligned for a seamless process.

Post-closing, we follow up to confirm your satisfaction and discuss future financing needs.

Closing typically takes 1-2 hours.

We provide a closing checklist to prepare you.

Ongoing support for refinancing or new projects.

Ready to Finance Your Commercial Property?

Montgomery Lending is here to guide you through every step of your commercial mortgage process.

Contact us today to start securing the financing you need!

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