Silver Hill Touts 'Easy' Commercial Lending

Silver Hill Financial, a Miami-based lender specializing in small-balance commercial real estate loans, has announced the introduction of CLEAR, a residential-style approach that it says will streamline the origination of commercial mortgages.Silver Hill said the CLEAR -- Commercial Lending Easy as Residential -- underwriting process focuses on credit scores and personal financial strength rather than property cash flow. It can be used for commercial mortgages from $100,000 to $1 million. Joanna Schwartz, managing director of Silver Hill, said the program is "completely different" from those of other commercial lenders and "gives residential brokers a stress-free transition into commercial business." As a result, brokers and loan officers "can easily diversify" and expand their business, and "borrowers with strong credit are able to finance commercial properties -- many that would not pass traditional commercial guidelines -- in a way that is familiar to them," she said. The company can be found online at http://www.silverhillfinancial.com.