FAQs:

 

Do we end up paying more by working with Heartland Mortgage?

     Heartland Mortgage charges a placement fee of one percent of the loan amount. Banks also typically charge a loan fee of one percent or add an equivalent discounted value into the spread. Heartland Mortgage absorbs the cost of originating loans for the lender, we are able to negotiate direct pricing with most lending sources. As a result, borrowers typically incur no additional costs by engaging us to negotiate and manage their transaction.

     In addition, Heartland saves its clients time and money by creating a competitive environment that forces the market to compete for the borrower's business. Ultimately, clients get all the cost benefits of a more effectively managed transaction without having to accept exorbitant spreads or large loan fees.

How does Heartland Mortgage choose its clients?

      Heartland Mortgage prides itself on taking a private banking approach to supporting client objectives. By choosing to engage a customer we are committing all of our resources to making their opportunity a success. Customers that work with us know that this often means going beyond the role of a typical advisor.

     Our clients are qualified on many of the same criteria that banks use in evaluating loans. However, beyond identifying whether we are capable of effectively helping a client meet their objectives, we typically require an exclusive engagement letter that obligates both parties to the relationship. 

Who are Heartland's typical lending partners?

     The goal at Heartland Mortgage is to add value to customer transactions by offering a wide range of financing alternatives and direct access to top national, regional, and local lenders. We have funded deals through agencies, life companies, conduits, and "out-of-the-box" lenders. In addition to permanent debt financing, we regularly structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity. For loan amounts below $3 million we have developed strong relationships with our Preferred Capital Affiliate partners mentioned below.

What are Heartland Mortgage’s loan minimums?

 

     For the smaller or larger commercial loans and apartment financing we offer loans from $75,000 and above..

 

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