Commercial mortgage brokers in Los Angeles
We work with business owners and investors in Glendale and greater Los Angeles: owners buying the building they operate from, buyers adding a property to a portfolio, and owners refinancing a building they already hold. Commercial lenders are not interchangeable. One may focus on stabilized multifamily, another on owner-occupied property, another on a building that needs work or a borrower whose income is hard to document. As your broker, we match the request to the lender types that suit it, so it goes where it has a realistic chance. Our commercial loans page covers the program in more detail.
Commercial mortgage brokers in California
Paramount Loan Services is a licensed California mortgage broker, NMLS #236355, and has arranged financing for California borrowers since 2006. If the property is commercial real estate in California — office, retail and storefront, industrial and warehouse, apartment buildings of five or more units, mixed-use or special-purpose property such as a restaurant — we can look at it. Residential property of one to four units uses a residential mortgage instead, which we also arrange.
How a commercial loan request gets packaged
Lenders review a lot of requests. A well-organized file gets read; a messy one gets questions, delays or a pass. Before a lender sees your file, we pull together and review:
- A clear summary of the property, the purchase or refinance goal, and your plan for it
- Ownership details and entity documents
- Rent rolls, operating statements and leases for income-producing property
- Your financial documents, such as tax returns, bank statements and a schedule of real estate owned
- For a purchase, the contract and any scope of work or budget for improvements
We flag gaps and explain the story behind unusual numbers — a vacancy that is being renovated, a one-time expense, a recent lease-up. Our guide to what a commercial mortgage broker does walks through the process step by step.
Mortgage brokers in Glendale for home loans
The same broker model applies to home financing. From our office at 611 E Glenoaks Blvd, we arrange conventional, FHA and VA purchase loans, HELOCs and cash-out refinances, bank statement and other non-QM loans for self-employed borrowers, and ITIN loans. Self-employed borrowers and business owners with complex returns are our daily work — see our plain-English guide to non-QM lending. We serve Spanish-speaking clients too; visit our Español page. If you are still running numbers, our mortgage calculator gives an illustrative estimate only, not a quote.
Investor and project financing
Investors and builders often need a loan sized to the deal rather than to a pay stub. We work with hard money lenders for short-term and transitional purchases, arrange fix and flip and rehab loans for properties you plan to renovate, and place construction loans for building from the ground up. Financing the machines and fixtures inside a business is equipment financing, which we arrange too.
How mortgage brokers are paid
Ask this early. Brokers are generally compensated in connection with the loan, and the details vary by deal, lender and arrangement, so we do not quote numbers on this page. From any broker, including us, you should get a plain explanation of how and when they are paid, any required disclosures in writing before you commit, and a clear picture of the lender's own costs, which are separate from the broker's.
Who you work with
Tom Tumyan is the owner and Senior Loan Officer of Paramount Loan Services. He has been a licensed loan officer for 25+ years, with experience in both commercial and residential real estate. That mix matters for owners who hold a rental portfolio alongside a primary home, or who are weighing a commercial purchase against a residential one. Meet Tom or read about Paramount Loan Services.
Talk to a mortgage broker in Glendale
Call (818) 500-4009, 9:00 AM to 5:00 PM, Monday through Friday, or send us a message with the property and what you want to do. When you are ready, you can apply online. A conversation is a good way to see whether using a broker makes sense for your deal.
