Individuals and private companies who offer commercial loans can thrive even in the toughest of times. But make no mistake: hard money lenders take on a fair amount of risk, and sometimes they need to enlist the help of an … Read More
Commercial real estate can be the biggest financial obligation for a company. For some businesses, like restaurants, practically everything rides on their physical space. It’s therefore critical that borrowers have a clear, detailed picture of the property they’re looking to … Read More
Working with delinquent borrowers is a particular challenge in our industry; it can be unpleasant for everyone involved, especially if the borrower is not being cooperative. As the end of the year approaches, the holiday season often prompts borrowers to … Read More
We all know the old saying “an ounce of prevention is worth a pound of cure”. When it comes to borrowers looking for a business loan, that’s especially true. Borrowers, especially those who’ve never applied for a business loan, are … Read More
At some point, every lender is faced with a borrower who has missed a payment deadline. At Total Lender Solutions, we specialize in helping lenders manage the foreclosure process – but honestly, we’re staunch advocates of avoiding that process when … Read More
It’s always best to solve problems before they become problems. Nowhere is this more true than in the lending business. We see far too many borrowers get into trouble because they overextend themselves – or, ironically, find themselves struggling to … Read More
As many of our clients have discovered, the work involved in foreclosure processing is complex. There are federal and state guidelines to follow, and the procedures – such as knowing documentation is needed, where to file it, and when – … Read More
The COVID-19 pandemic has had a devastating effect on many service-focused businesses. Chief among these have been restaurants and hotels; a marked decrease in travel, widespread job losses, and limitations on in-person activity have all contributed to a rise in … Read More
Foreclosures by their very nature are deeply complex; commercial foreclosures doubly so. Unique challenges surround commercial property foreclosures, from franchise issues to how residential tenants must be treated if the property is sold at auction. It’s no wonder that … Read More
If getting a borrower to work with you to resolve a delinquent loan was easy, it’s safe to say that we at Total Lender Solutions would need to look for a new line of work. The foreclosure process itself … Read More
Total Lender Solutions and Mortgage Lender Services have come together to form a single assessment collection partner. Under the name Total Lender Solutions, we will continue business with the same people you have come to know and trust over the years, and we remain dedicated to serving all of our clients with integrity and care.