Some mortgage brokers tell you they can help you with your commercial loans, but can they really? Do they have the experience funding commercial projects? Have they funded multiple residential developments, commercial construction projects, retail stores and auto mechanic shops? Have they funded mixed unit residential properties, apartments, and group homes? If your mortgage broker says they can help you with your commercial loan, but don't have much experience, all I can suggest is that you RUN.

Commercial loans are not the same as residential loans. The differences are night and day, and understanding that is just the beginning to being an effective funding source for commercial real estate projects.

When you are ready to open for business, make sure you call someone who specializes in Commercial Loans and can provide you with real expectations on how viable your commercial project is.

• Hard Money Loans. One option in commercial mortgage financing is a hard money loan.  Hard Money loan programs help you get the cash you need, fast. Hard money loans are only available on commercial real estate projects.  They are not credit score driven, but rather driven by the economic viability of the project.  Click here to find out how you can obtain commercial financing with a hard money loan.