How often have you found yourself saying, “I’ll just call my current lender—they already have all my information, and it’s convenient”? You make the call, and soon after, you secure the refinance, acquisition, or construction loan you need. The rates seem fine, although there are still some inevitable hassles. Eventually, the loan closes, and you can return your focus to what matters most – operating your properties.
But imagine a different scenario: What if there was someone you trusted who could reach out to every lender in the market on your behalf, ensuring you get the most competitive rates, optimal loan terms, or maximum flexibility? Someone who could handle the preparation of documents and manage not only the complex details, but also the entire loan process for you? A mortgage professional who works for you only when you need them, providing expertise tailored to your situation?
Essex Capital Markets (ECM) was specifically established to serve the mid-market, providing exactly these services. Our mission is to save you both time and money. Yes, we charge a fee—but that fee quickly pays for itself, multiple times over.
Consider a 50-unit building with a $5 million loan. By shopping the loan with numerous banks, insurance companies, credit unions, Fannie Mae and Freddie Mac, ECM typically saves borrowers 50 basis points of interest rate or more compared to what they might secure from their existing relationships. Over the term of a five-year loan, that savings translates to $125,000, far exceeding the cost of any fee.
Beyond financial savings, partnering with the right team minimizes the time and uncertainty involved, allowing you to focus on your core business with confidence.
While relying on familiar lenders is tempting because it’s the path of least resistance, it’s often not the wisest choice. We welcome the opportunity to help you achieve your financing goals, and we’re confident that our approach will more than pay for itself in dollars and efficiency.