We are experts at underwriting and analyzing mortgage investment. We offer competitive solutions for Borrowers
We possess a unique expertise at analyzing equity- based mortgages offering a competitive source of short-term financing for transactions from $10,000,000 by underwriting loans on behalf of investors seeking secure investments and consistently strong returns.
Mortgage lending is not one size fits all. Every situation is unique, and CMCC has the ability to customize our loan offers to provide competitive short-term financing for mortgages up to $10,000,000. CMCC provides innovative thinking and decisive action which has made CMCC a leader in Commercial and Residential Private Mortgage Lending.
Cosman Mortgage Capital has developed conservative commercial underwriting practices over the last 35 years. Typically, CMCC reviews approximately 50 mortgages for every 1 that is funded.
CMCC analyses each mortgage with four main criteria:
Equity: How is the investment protected?
Income: How are the monthly payments going to be made?
Exit Strategy: How is the mortgage going to be repaid?
Additional risks: Environmental concerns, Market Risk, Property Condition, Local Market Conditions, etc.
For every Mortgage CMCC will complete intensive due diligence which typically includes:
On site inspections
Face to Face Interviews
Appraisal Reports
Environmental Reports
Building Conditions Reports
Cost Consultant Reports
Planner Reports
Insurance adequacy reports
Cosman Mortgage Capital specializes in mortgage syndication and administration. Investors can expect expertise in underwriting and loan monitoring by Cosman Mortgage Capital.
