Commercial Real Estate Secrets Credit Unions or Banks – Which is Better for Real Estate Financing?
Have you ever wondered if there's a better way to finance your commercial real estate investments?
Many real estate investors stick with traditional banks, missing out on potentially better terms and community-focused lending options that credit unions can offer. If you've ever faced frustration or uncertainty with your current lender, this episode is for you.
Join Aviva on this week's episode of Commercial Real Estate Secrets as she dives deep into the world of credit union lending with Mark Ritter, CEO of Member Business Financial Services (MBFS) and host of the Credit Union Conversations podcast. Mark shares his insights and expertise on how credit unions can be a game-changer for real estate investors.
BY THE TIME YOU FINISH LISTENING, YOU’LL LEARN:
- The key differences between banks and credit unions and why it matters for your investments.
- How to access credit union financing and the advantages it offers over traditional banks.
- Current trends and future predictions for the lending environment in 2024 and beyond, especially in commercial real estate.
Chapters
00:00 - Introduction and Listener of the Week
01:45 - Overview of MBFS and its role in supporting credit unions and real estate investors
02:46 - Lending in the commercial real estate space: Users vs. Investors
03:30 - Explaining the difference between banks and credit unions
05:45 - Comparison of terms between big banks and credit unions
07:09 - Current lending environment for credit unions vs. banks in 2024
14:20 - Advice for real estate investors in the current lending environment
16:13 - Where to find and connect with Mark Ritter
If you want to learn more about how credit unions can support your real estate investments, make sure to check out their website and connect with Mark on LinkedIn.
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