Commercial and Residential Lending in the Era of COVID-19

About This Episode:

In this episode, Lance and commercial lending expert Rick Cabin discuss various topics related to commercial lending, especially in the era of COVID-19. They specifically address the essential differences between commercial and residential lending (including loan qualifications), the importance of Debt Service Coverage Ratio (DSCR), the distinctions between recourse and non-recourse loans, types of lenders, the fixed rate options for commercial loans and the general criteria used to qualify for them. Commercial lending has been a whole different experience this year, and Lance and Rick get into the nitty gritty about how things have changed.

Guest Speaker: Rick Cabin

Rick Cabin is an expert in commercial lending and engages in a lot of residential lending as well. He works with Skyline Associates, a commercial real estate firm that specializes in representing tenants and investors. Its niche is incorporating an advisory approach with its transactional expertise.

The company’s mission is to first understand its clients’ overall objectives and then use their experience and market knowledge to negotiate and drive the best transaction terms, and with an attention to detail that instills confidence so clients can feel comfortable keeping the focus on their business.

What you’ll learn in this episode:



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