Today’s video features an insightful interview with Mark Ritter, the CEO of Member Business Financial Services (MBFS) and the Credit Union Conversations podcast host. Join us as we explore the unique advantages of credit unions in commercial real estate financing. Discover how credit unions can offer better terms, flexibility, and personalized service than traditional banks. Learn why more real estate investors are choosing credit unions for their investment financing needs, and get expert tips on navigating the current lending environment.
In this interview, you'll learn:
✔️ How credit unions provide innovative solutions for real estate investors, from loan origination to portfolio management.
✔️ The key differences between banks and credit unions, and why choosing a credit union might be the best move for your real estate investments.
✔️ Expert insights on the current lending environment and how to navigate financing challenges in 2024.
✔️ Practical advice on how real estate investors can benefit from working with credit unions to achieve their financial goals.
Timecodes:
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
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