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About True Lending LLC

We offer some of the industry’s best rates, service, and loan options available. If you think your situation is unique, we most likely have dealt with it before.

Frequently Asked Questions

Is True Lending LLC a Direct Lender?

True Lending LLC operates both as a Commercial Loan Correspondent and Commercial Loan Broker.  Depending on your loan request and its overall makeup, we determine what avenue best suits your needs and what platform will be used.  Smaller loans tend to be processed under our broker channel while large conventional transactions are best suited for our correspondent program.

What are the benefits of using True Lending LLC to broker your loan?

Finding the right lender for your commercial mortgage can be challenging, requiring significant time and effort. Due to the variety of property types, loan programs, and special circumstances, most lenders cannot cater to all loan requests. True Lending LLC leverages its expertise and strong relationships with lending partners to streamline your loan application process. True Lending LLC serves as your advocate, helping you navigate the commercial lending marketplace efficiently.

What is needed to get my request into review?

  • ​Application

  • Personal or Business Financial Statement within past three years

  • Personal or Business Tax Returns

  • Offering Memorandum for Subject Property(if applicable)

  • Any available Historical Financials for the Subject Property

  • Current YTD P&L and Balance Sheet, Rent Roll, or Leases (depending on the type of property)

Why do you review a complete file upfront?

Our upfront review process is completely free and allows us to obtain a complete understanding of your individual loan request. Reviewing a complete package also assists us to identify exactly what type of financing options are available to match your exact loan request.

How much do I need for a downpayment?

Typical down payments can range from as little as 10% on up and will vary depending on your individual request. Give us a call today and we will be able to tell you what your down payment will be for your specific request.

What are my closing costs?

Closing Cost estimates are provided upon review of a complete file and vary from State to State and transaction type. We will be to happy provide you with an individualized closing cost estimate at your request.

How long does the review process take?

Upon receiving a complete package, the documents are immediately organized and submitted into review which typically 24-48 hours. Once review is completed, we are then able to provide feedback and review the available rates and terms with you.

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