Choosing the right lender for your loan

Choosing the right lender for your loan requires the knowledge of an experienced mortgage banker who understands the lending market and can pair your loan with the correct lender. Listed below are four different lender types that we handle that can best fit your loan:

Life Company Execution

Lock rate at application
Non-recourse financing
Lowest rates
Loan sizes $1 million and up
Bridge lite and construction perms
Terms – floating rate to 40-year fixed
Ability to obtain secondary financing
Minimal to no reserve structure
Portfolio/on book loan

Banks/Credit Unions

Shorter term loan
Flexible prepay
Construction loans
Portfolio/on book loan
Bridge type financing
Property issue that requires recourse (single-tenant)

CMBS

Higher leverage
Longer periods of interest only
Secondary/tertiary locations
Hotel loans

Debt Funds

Value-add transactions
Quick close
Light to heavy lift or re-position
Floating or fixed

About PSRS

Founded in 1972, Pacific Southwest Realty Services (PSRS) is one of the largest privately-held commercial mortgage banking firms in the Western United States. Our funding sources include major life insurance companies, banks, credit companies, CMBS and institutional investors.

Access to diverse capital sources insures a high level of success in arranging commercial real estate loans, apartment loans, mezzanine loans, and equity transactions that our clients have come to expect.

Our long-term lending relationships give us greater latitude in solving problems and closing loans in a timely manner.

After the loan funds, our experienced, in-house servicing team handles many issues such as assumptions, lease approvals, payoffs, insurance and many other similar matters.