Taking the first steps into commercial lending – Marketwatch
With an anticipated slowdown in residential mortgage lending after the implementation of the Mortgage Market Review – identifying alternative income streams in the meantime should be on every savvy broker’s agenda.
Brokers who like to get their teeth into the more unusual mortgage transactions might find that diversifying into commercial mortgage lending will work for them.
commercial broking is normally more lucrative for brokers due to the deals generally being larger. However, remember there is often more work and preparation involved in the process.