This Website is informational for Commercial Class schedule & details and also to offer helpful
Commercial Property calculation tools for Mortgage Brokers and Real Estate Agents.
The worksheets are for informational purposes only, final loan amounts, rates etc, will be determined by formal underwriting and property appraisals.
Contact: Gina Koenen
Vice President, Commercial Loan & Marketing Officer
E-mail: gkoenen@myprovident.com
Commercial Real Estate Basics - WEB CLASSES - NOW AVAILABLE!!
Click here to open Current Calendar & Register NOW!: Provident Training Calendar
Now offering the following classes:
Level 2 - Live Case Scenarios & Further Current Market Hurdles (approx 90minutes)
Both levels are a valuable asset for new residential agents crossing over to commercial or as a refresher course and current market update.
Here is a basic outline of the items we will cover in LEVEL 1:
• Differences between residential lending and commercial lendingHere
is a basic outline of the items we will cover in LEVEL 2:
This class has been designed to follow the Level 1 Commercial Real Estate Basics Class
We will also discuss
•
Different borrower types – strength & weaknesses in financials
• Current Net worth issues
• How banks prequalify different properties, debt coverage ratio, loan to
value and what determining factors are
• General Current Cash reserves requirements
• Property Condition Requirements
• Current Market Hurdles
• Open forum / questions
Both Classes are devliered in a very simplistic down to earth manner
, empowering the agents to understand the basics and begin
using the
tools immediately after the session.
These Classes are valuable for any new real estate agent or even a seasoned agent that would like
to have some clarity
on the banking terms, and basic banking guidelines. It will aid in teaching
what the banks are looking for, why many loans
are very difficult to get funded, what creative avenues are out there for your
clients, assist them in finding the right fit
property and the right fit loan and much more.
Both Classes are approx 2 hours and are free of charge, courtesy of Provident Bank. We will supply handouts.
WEB CLASSES - NOW AVAILABLE!! - Click here
If you are interested in scheduling a Web Class online for your group,
Please email me at gkoenen@myprovident.com
Typical Class length is 2 hours and is very basic and easy to follow.
This class is recommended for Real Estate agents and Mortgage Brokers
Gina Koenen
Vice President, Commercial Loan & Marketing Officer
Email: gkoenen@myprovident.com
For Current Commercial
Rates - Click here - www.pbmwholesale.com
Class Materials -
These files are password protected & password will be provided during online classes.
For Information on Web Class dates or to schedule one for your group, email me at gkoenen@myprovident.com