Mortgage & Commercial Lending News.

As private mortgage lenders, at AMI Lenders, we focus on helping our clients capture opportunities in the real estate market, whether it be through a mortgage for a house or through a commercial mortgage, assisting our clients invest in commercial real estate. Since we have been writing primarily about single-unit properties, we will devote this entry in our blog to discussing what we perceive as the forces and trends in commercial real estate as we enter the second semester of 2022.

Fears of rising inflation in the US have been garnering attention all over the news and in many other countries. The Economist (a magazine published in the UK) included in its November 13, 2021, edition an article entitled “A three-decade high in inflation sows concerns about America’s recovery”. The Australian (a newspaper printed in Australia) included an article with the headline “US inflation spike to record levels means mortgage rates in Australia are almost certain to rise.” Forbes published during September 2021 an article about inflation and mortgages^[1] and how it might be a good time to buy a house to protect yourself against rising inflation. And we could continue citing interesting inflation-related articles.

Better than just letting you navigate in the news, let us try to give you our point of view on what you as a borrower of real-estate related loans, be it a mortgage for your new home or a bridge loan for a fix and flip, should know about inflation and loans.

We had the nicest phone call a few weeks ago, and it made our day. A client who had just paid off his mortgage, after many years of having a loan with us, called to express his appreciation for the trust we placed on him (and the loan we gave him back then) and the excellent service we provided after having struggled, unsuccessfully, for years to get a mortgage for his Church. 

It just goes to prove once more what a friend once told us: that AMI Lenders is in the “hope business.” We give hope to borrowers that feel they have no hope. Another way to say it is: “here at AMI Lenders, we offer non-traditional alternative loan products.” Many of our clients cannot qualify for a bank loan or a loan from a traditional mortgage company. We not only help people, but we also go out of our way to be helpful. You would be surprised to know how much advice we provide to our applicants. 

Covid-19 has had a significant impact on the global economy and, closer to home, on the Commercial Real Estate industry. Companies that carry on business in commercial real estate premises have had to make many changes due to the lockdowns and instructions to stay at home. This has led to companies digitizing their operations, conducting operations online, ensuring the health and safety of employees, and protecting their employees' financial health. 

Several factors need to be considered before planning a construction project:

1.-Type of project

2.-Desired structure

3.- Construction lot

And (most importantly),

4.- Budget.

Texas is amongst the top of the nation in rankings for weather-related property damage each year. Therefore, knowing the different types of insurances available and their coverages is crucial. If you live or plan to live in one of the  14 coastal counties or parts of Harris County or Galveston Bay you should know of separate policies that are available that may help you protect yourselves from losses caused by flooding.