Sometimes even friends forget how easy our loan process is for borrowers. We recently checked on a buddy who is also a broker. He had a commercial building deal he was working on, but the client couldn’t locate financing to buy it. His client owned a different building which had enough equity in it, for us to finance the down payment.
We surprised him with how easy Fidelity was to work with on this deal. Fidelity did a “blanket loan” that used both as collateral and added a new loan on the purchase.
His client mentioned he was ready to give up. He had exhausted all his sources to find a loan and was ecstatic to find Fidelity could make his deal happen.
Broker happy! Client happy!