77 Construction »
Construction lenders provide loans for new construction or
83 Done Deals »
Commercial lenders provide loans for common loan purposes/
properties and for situations such as mezzanine financing,
nonrecourse loans, second mortgages, Small Business
Administration loans and more.
Hard Money »
Hard money lenders generally give more consideration to the
value of a property/collateral than to debt-service-coverage
ratios. Loan-to-value ratios are usually less than 65 percent.
These lenders specialize in unique, hard-to-find loans and
sometimes are known as private, equity or portfolio lenders.
They often can do fast closings.
Multifamily lenders provide loans for properties with five or
more units, apartments, low-income housing, student housing,
senior housing and more.
Commercial Lenders »
Find company addresses, descriptions, account executives
and other information.
Volume 17: Issue 8
Scotsman Guide is published monthly by Scotsman Guide Media
P.O. Box 692, Bothell, WA 98041-0692
TEL: (800) 297-6061 FAX: (425) 485-3550
Chairman of the Board
Brian B. Simmons
Sales Director/Principal: Todd Britton-Simmons
Senior Account Executive: Ray Murphy
Sales Associate: Cody Noyes
Sales Associate: Joseph Elmenhurst
Sales Support: Aireal Hart
Editor in Chief: Rania Efthemes
Managing Editor: Bill Conroy
Editor/Commercial Edition: Neil Pierson
Editor/Residential Edition: Will McDermott
Chief Reporter: Victor Whitman
Web Coordinator/Analyst: Krista Lowry
Matrix and Loan Post
Manager: Garrett Geiger
Analyst: Michelle Settimo
Creative Director: Dennis Wunsch
Senior Designer: Chuck Howard
Senior Designer: Paula Douglass
Senior Designer: Karen Steichen
Senior Interactive Designer: Jeffrey Sabourin
Publications Coordinator: Julie S. Murphy
Victor Calanog, Kurt Chilcott, Stephen Counts, Ralph Cram, Barbara Byrne Denham,
David Leopold, Andrew McManus, John Odegard, Valerie Sweeney, Steven Wyble
Policies and Use
Scotsman Guide – Commercial Edition (ISSN 2154-588X) is made available only to licensed mortgage originators and
not to the general public. Subscribe to Scotsman Guide online at scotsmanguide.com/subscribe. We provide one free
ongoing subscription to each licensed mortgage origination office. For additional copies or to manage subscription
information, call (800) 297-6061 or e-mail email@example.com.
Annual subscription rates are based on mailing all magazines to the same address.
Either residential or commercial – $40 per year
Both residential and commercial – $50 per year
For each additional copy, add $10 per year
VISA, MasterCard and American Express accepted
Space on Scotsman Guide’s cover and in its matrixes, as well as advertisements listed on Page 14, are sold as paid
advertising. Scotsman Guide Media makes decisions regarding editorial placement and content independent of all
advertising influence. More about Scotsman Guide Media’s editorial policy: scotsmanguide.com/write.
The information and opinions expressed in our editorial articles and advertisements do not necessarily reflect the opinions
of Scotsman Guide Media. Inclusion of an article or advertisement in Scotsman Guide should not be construed as a
recommendation or endorsement by Scotsman Guide Media or any of our contributors or advertisers.
Scotsman Guide Media takes pride in precise reporting of the data found herein. The information found in Scotsman Guide
is confirmed or updated monthly from independent sources believed to be reliable. Nonetheless, because of the volume
of information reported, occasional errors may occur. We assume no obligation or liability for the accuracy, timeliness or
completeness of any information. Because of the nature of the mortgage industry, financial terms and availability of funds
are always subject to change without notice. This publication is not intended for use by the general public.
Scotsman Guide — Commercial Edition (USPS 025-515) is published monthly, 12 times a year, by Scotsman Guide Media,
22118 20th Ave. SE, Suite 129, Bothell, WA 98021-4417. Periodicals Postage Paid at Bothell, Wash., and at additional
POS TMAS TER: Send change-of-address forms to: Scotsman Guide/Circulation Dept.,
P.O. Box 692, Bothell, WA 98041-0692.
©2017 Scotsman Guide Media. No part of this publication may be reproduced in any form whatsoever without written
authorization of its publisher. Mortgage professionals may print or photocopy Scotsman Guide Media’s matrixes,
directories and articles for their internal business use only but may not distribute these materials to third parties.
Printed in USA