ATTENTION: For Those who are serious about Getting Pre-Qualified FAST!
Bill Rapp, Mortgage Originator:
NMLS 228246
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Better Pricing, Better Service!"
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HERE'S WHAT MY CLIENTS SAY:
What People Are Saying:
Excellent Service
Bill is an exceptional loan officer. He helped us to purchase our home with very personal and professional service. He helped us navigate the whole process from start to closing without any problems. We didn't think we're qualified to purchase a house, but Bill went above and beyond to find a way to help us achieve our goal. He always responded very quickly with our requests, he would come back with different options with comparison chart to clearly indicate how much we need for down payment, monthly payments, interest rates, closing costs etc.
We would highly recommend Bill to anyone in need of lending services. In fact, we have already recommended Bill to one of our friends on purchasing a house.
๏ปฟ--- David Chan - Houston, TX
Bank Statement Lending!
William Rapp of Network Funding, L. P. was very professional and I felt comfortable in dealing with him. I will definitely recommend him to family and friends.
๏ปฟ--- Ian F - Missouri City, TX
Professionalism - Expert In Home Style Loan
Bill is an expert in the topic, his explanations and online material make a difference and he is always there from the beginning to the end. He is committed to make thing happen.
๏ปฟ--- Felipe Caldern & Carolina Angel Gutierrez
Great Service!
Bill Rapp's handling of our loan (even though out of state) was unparalleled to any service I have been through prior, including 3 different real estate transactions and multiple refinances. Extremely quick close, with great options and flexibility for my families needs. All around A+
--- Chris & Beth Sheehan - San Jose, CA
Knowledgeable and Responsive!
Bill was a pleasure to work with and he made the loan process fairly easy. He answered all questions I had very quickly and was straight forward in doing it. I would recommend Bill to others.
--- Wes Brady - Richmond, TX
Very professional and always returned our calls!
Bill takes a lot of pride in his job and is very dependable. They were very patient and understanding. He went out of his way and explained all my questions and concerns. They were very professional and returned my phone calls and emails. He did a great job and I fully recommend him.
--- Therese, Malcom & Shirley Teixeira - Katy, TX
Great Job!
Bill helped us out from beginning to end of loan process. The loan closed in a timely manner as Bill worked hard with bank to get our to the final steps.
๏ปฟ--- Kamal & Theresa Wilson - Hartford, CT
Avid Problem-Solver and Absolute Pleasure to Work With!
Bill Rapp worked very hard to ensure that we closed our loan and were able to move into our new home. He always had alternatives to any problems we encountered while closing. He worked with us from the beginning identifying solutions to any problems that we were having. He was an absolute pleasure to work with!
--- Nikita Rayani & Sanit Tejani - Houston, TX
Awesome to work with!
Being a first-time buyer I came in with lots of questions and concerns. Bill was always available for any questions I had and answered everything to my satisfaction. Bill made the loan process so painless that I could still concentrate on other things. We ended up closing early which made things even better. If you are in need of a lender and want someone who is very approachable and stays on top of your loan then Bill is your guy.
--- Cesar Raya - Richmond, TX
Loan Declined by my bank, and he saved the day!
Bill, did an amazing job helping me close on my house. He took the reigns and reassured me the best route to take to help close. He was accountable, thorough and trustworthy. I will continue to work with Network Funding, L.P. when it comes to home buying in the future because of the quality of service Bill gave.
--- Jacob Smith - Boerne, TX
Bill Rapp Will Definitely Make It Happen!
Bill is the most kind, patient and helpful person I have ever known. He answers his phone calls and emails promptly. You can ask him a million questions, and he will answer each and every one of them. Before I started working with Bill, I had been turned down for a home loan, because of some past credit issues I had, plus I was a single mother. However, once I started working with Bill, he was able to quickly get me a home loan, with a good interest rate. I would recommend that you call him, as he will help you.
--- Corinne Wilson - Roselle, NJ
Knowledgeable, Honest, Trustworthy, and Reliable!
"I will definitely keep you in mind. If anyone I know needs financing, I will send them your way!"
--- Jon & Andrea Saleem, CRPC Financial Advisor - Houston, TX
Best Dam Mortgage Guy a man could know!
"Hands down the best loan experience to date!"
--- Gabe & Chelsea Jackson - Pearland, TX
Phenomenal, Hard Working and Never Quits!
Had a stupid foreclosure that could have been avoided if exโs attny would have sent my buy out offer. So Bill was able to push this through with a 4 year foreclosure. He worked his butt off, was very diligent with his communication; and was very professional talking to me even when I was screaming and/or crying at him. Highly recommend this lender. He really go to the ends of the earth to help you!
--- Liz Keeter - Harlingen, TX
Exceptional customer service!
Bill is the most kind, patient and helpful person I have ever known. He answers his phone calls and emails promptly. You can ask him a million questions, and he will answer each and every one of them. Before I started working with Bill, I had been turned down for a home loan, because of some past credit issues I had, plus I was a single mother. However, once I started working with Bill, he was able to quickly get me a home loan, with a good interest rate. I would recommend that you call him, as he will help you.
--- Isha Lopez & Mauricio Garcia - Houston, TX
Service with a capitol S
Bill went above and beyond at every turn. He worked late on Saturday, he worked late all the time. We wanted to close ASAP and he really helped make it happen for us.
--- Jeff & Wendy Heger - Houston, TX
Best Buying Experience!
I would would highly recommend going with Network Funding LP. As a first time home buyer I didn't know what to expect. Bill Rapp was very helpful in answering all my questions and guided me through all ghe steps. I couldn't have asked for a better buying experience!
--- Tabitha Turner - Humble, TX
Would recommend him and use him again!
Very involved and professional . Kept me informed and up to date on everything that was going on Went with me closing and was very helpful and knowledgeable.
--- Kathy Ward - Houston, TX
Great experience!
Well I meet bill back in December 2016 he got recommended by my real estate agent we had a house in sight and started the process to get approved but we fail due to my work history and credit bill told me not to give up and put me in contact with a credit repair company they help me bring my score up and bill walk me thru the process of getting a new line so this time around we got approved before looking for our house after we found it we still had a couple of hick up but with bills help on Sunday 6-18-17 to be exact Father's Day bill called me to give me the great news that we had got approved and the closing date was as scheduled bill was more than just a lender to my family he became a friend and I'm alway going to have him in mind for any other financial situation.
--- Alejandres Felimon - Richmond, TX
I really liked his attitude!
I wouldn't usually say this but the way he had handled my mortgage was really pleasant. I personally enjoyed the time spent with him while we discussed feasible rates. He's a great man with a great personality and he offered really low interests as well. Definitely recommend him to others.
--- Tom Troiano - Atlantic City, NJ
He's nothing short of a miracle!
I'm a self-employed businessman and had him figure out the mortgage of the house after 30% down payment. The interest rates I received were incredibly low given what I had thought of earlier. One other important thing to note was that I hadn't really taken any loans earlier, so I had no credit history. He helped me out with all that as well so I can't really call him anything else but a miracle.
--- Fran Suarez - Cleveland, OH
He's really helpful!
I made a bid to him and the very same day he gave me an offer which I couldn't resist. It was too intimidating with those incredibly low interest rates and all, thoroughly recommend him.
--- Kenny Mickle - Houston, TX
Expeditious!
Bill was very expeditious and made it real easy going through the loan process. I felt he was on top of things.
I deal with investment properties and will more than likely call on him again.
--- Wayne King - Pensacola, FL
Bill was great!
Bill made us feel like a friend all the way thru the process. He was patient and explained everything he needed clearly. He was available ANYTIME we had questions or needed more information. Hopefully we wonโt go thru this process again anytime soon, but if we do - weโd choose Bill! =)
--- Barbra & Nick Grimmer - Austin, TX
Great broker!
Bill was a great broker to work with. As first time home buyers we had many questions about the process, Bill took the time to help us even calling us back on weekends with answers. I would not hesitate to recommend him to anyone looking for a broker to work with.
--- Murray & Lisa Turner - Pensacola, FL
Outstanding service!
I couldn't have been more pleased with Bill's level of service. He made what is typically a lengthy, arduous process far quicker and easier at every turn. I'm extremely comfortable recommending Bill to friends and family, and will definitely utilize his services again!
--- Jim Lipari - Austin, TX
Jumbo and Non-QM Mortgages: Made Simple
Getting a jumbo or Non-QM mortgage is easier than most people expect. This guide explains what these loans are, who theyโre for, and when they make sense.
What Is a Jumbo or Non-QM Loan?
A jumbo mortgageโalso called a non-conforming loanโis any mortgage that does not meet the guidelines set by Fannie Mae and Freddie Mac.
Fannie Mae and Freddie Mac were created by Congress to provide liquidity and stability in the mortgage market. They buy mortgages from lenders, but only if those loans meet strict rules for:
Loan amount
Credit score
Down payment
Debt-to-income ratio
Post-closing reserves
Loans that exceed these limits are considered non-conforming.
When Do You Need a Jumbo Loan?
Youโll need a jumbo loan when the loan amount exceeds the conforming limit in your area.
How Jumbo and Non-QM Loans Are Underwritten
Jumbo loans are evaluated using the same fundamentals as conventional loans:
Credit score
Down payment
Debt-to-income ratio (DTI)
Cash reserves after closing
That said, jumbo loans often allow more flexibility in how those factors are evaluated.
Credit Scores
Most jumbo programs are available with credit scores as low as 660, though higher scores receive better rates. Borrowers with 760+ credit generally receive the most favorable terms.
Cash Reserves
Jumbo loans usually require more reserves than conforming loans.
Typical requirement: 12 months of reserves
Often split between liquid cash and retirement assets
Exceptions may be available with strong income, low DTI, or large down payments.
Where Jumbo Loans Are More Flexible
Higher DTI allowances
While conforming loans often cap DTI around 43%, jumbo loans may allow higher ratios if the borrower has strong reserves or equity.
More logical income analysis
Self-employed borrowers may qualify with one year of tax returns instead of two if they can document business stability and industry experience.
Lower down payments without mortgage insurance
Some jumbo programs allow 10% downโand sometimes lessโwithout mortgage insurance. Rates may be slightly higher, and DTI requirements are typically stricter.
Piggyback loan structures
In certain cases, buyers can combine a first and second mortgage to reduce the down payment to as little as 5%. These structures are highly specialized and lender-specific.
Who Typically Uses Jumbo or Non-QM Loans?
These loans are well-suited for high-income earners who donโt wantโor donโt haveโtheir wealth tied up in cash. This group is often referred to as HENRYs: High Earners, Not Rich Yet.
HENRY borrowers often:
Earn $250,000โ$500,000+ annually
Have strong credit histories
Hold significant retirement and investment assets
Prefer liquidity over tying up cash in a large down payment
Tax Considerations
Jumbo loans donโt automatically create tax advantages.
Mortgage interest is only deductible on the first $1 million of mortgage debt. If your loan exceeds that amount, the interest on the excess is not deductible.
For this reason, some borrowers choose to compare:
One jumbo loan
vs.
Two smaller loans or alternative structures
Always consult a tax professional before assuming tax benefits.
Choosing the Right Professionals
Buying a homeโespecially with a jumbo or Non-QM loanโis complex. You should always work with professionals who represent your interests, not just the transaction.
Real Estate Representation
Sellerโs agents represent the seller
Buyerโs agents represent the buyer
Transaction brokers represent no one
As a buyer, itโs almost always best to work with a buyerโs agent who has a legal duty to protect your interests.
Mortgage Broker vs. Bank
A mortgage broker typically has access to many lenders, not just one bankโs in-house programs. This often results in:
Better pricing
More flexible loan options
Specialized programs banks may not offer
Even if you like your bank, remember: most banks sell loans shortly after closing anyway. Loyalty should never cost you better terms.
Foreign National Mortgages
You do not need to be a U.S. citizen to qualify for a mortgage.
Eligible Borrowers
Permanent residents (green card holders)
Non-permanent residents with valid work authorization
Refugees or individuals granted asylum
Non-resident foreign buyers may also qualify, but usually with:
Higher down payments (30โ50%)
Higher interest rates
Fewer program options
Legal residency and proper documentation are mandatory.
Bank Statement Loans for Self-Employed Borrowers
If youโre self-employed and traditional tax returns donโt reflect your true income, a bank statement mortgage may be the solution.
How They Work
Instead of W-2s or tax returns, lenders use 12โ24 months of bank statements to calculate income based on actual deposits.
Ideal For:
Business owners
Independent contractors
Freelancers and gig workers
Borrowers with significant tax write-offs
Trade-Offs
Because these loans are considered Non-QM:
Rates are typically higher
Down payments may be larger
Terms vary widely by lender, so shopping matters.
Final Thought
If youโve been told โnoโ by a bank or lender, it doesnโt mean you canโt qualifyโit often means youโre speaking with the wrong person.
In real estate and lending, who you work with matters.
Questions About Jumbo, Non-QM, or Bank Statement Loans?
Schedule a free, no-obligation consultation with a mortgage expert who knows how to structure complex deals efficiently.
Contact the Mortgage Viking
๐ 281-222-0433
๐ Commercial Mortgage Matching: How to Find the Right Lender Without Wasting Months ๐t
๐ Commercial Mortgage Matching: How to Find the Right Lender Without Wasting Months ๐
๐ข How to Find the Right Commercial Mortgage Without Wasting Months Talking to the Wrong Lenders ๐
Commercial Mortgage Matching: Why Smart Borrowers Start With the Right Lender
Most commercial borrowers make the same mistake.
They spend weeksโor even monthsโcalling banks one at a time.
After multiple applications, financial requests, and conversations, they finally hear:
"Sorry, that's not a property type we finance."
Or:
"That loan amount is too small."
Or:
"We don't lend on projects with that business plan."
The result?
ยทMissed opportunities
ยทDelayed closings
ยทLost earnest money
ยทHigher costs
ยทFrustration
The smartest commercial real estate investors and business owners take a different approach.
They start with lender matching.
Why Commercial Financing Is Different
Unlike residential lending, there is no single commercial mortgage program.
Every lender has a different credit box.
One lender may love:
ยทMultifamily
ยทSelf-storage
ยทIndustrial
Another lender may focus exclusively on:
ยทOwner-user properties
ยทSBA loans
ยทMedical office buildings
A third lender may only lend on:
ยทLarge institutional assets
ยทStabilized cash-flow properties
ยทMultifamily projects above $5 million
What gets approved by one lender may be declined by another.
That's why commercial financing is fundamentally a lender-matching process.
The Hidden Problem With Calling Banks One at a Time
Many borrowers believe shopping for commercial financing means contacting:
1.Bank A
2.Bank B
3.Credit Union C
4.Regional Bank D
The process often becomes:
ยทApplication
ยทWait
ยทDecline
ยทRepeat
Meanwhile:
ยทInterest rates move
ยทSellers become impatient
ยทDue diligence periods expire
ยทCompeting buyers enter the transaction
In commercial real estate, speed matters.
Every week spent talking to the wrong lender increases risk.
Every Commercial Lender Has a Different Appetite
Commercial lenders evaluate dozens of factors:
Property Type
ยทMultifamily
ยทRetail
ยทOffice
ยทIndustrial
ยทMedical
ยทHospitality
ยทMixed-Use
ยทSelf-Storage
ยทMobile Home Parks
Loan Purpose
ยทAcquisition
ยทRefinance
ยทCash-Out Refinance
ยทConstruction
ยทBridge Financing
ยทSBA Financing
Borrower Profile
ยทExperience
ยทNet Worth
ยทLiquidity
ยทCredit History
ยทOccupancy Plans
Deal Metrics
ยทLoan Size
ยทDSCR
ยทLTV
ยทNOI
ยทDebt Yield
A lender that loves a stabilized apartment property may completely avoid construction loans.
A lender comfortable with a $20 million hotel may have no interest in a $750,000 retail acquisition.
The Smarter Approach: Commercial Mortgage Matching
Modern commercial lending technology has changed the process.
Instead of contacting lenders one at a time, borrowers can leverage lender-matching platforms that analyze deal characteristics and identify lenders that fit the opportunity.
CommLoan's proprietary CUPIDโข technology was specifically designed to solve this problem by matching borrowers with lenders based on property type, loan structure, borrower profile, and financing objectives. The platform has access to hundreds of active lenders and thousands of loan programs nationwide.
The result:
ยทFaster lender identification
ยทMore financing options
ยทBetter loan terms
ยทImproved closing certainty
What Lender Matching Can Help You Finance
Modern commercial lender marketplaces can identify financing options for:
Multifamily Properties
ยทApartment complexes
ยทValue-add acquisitions
ยทStabilized assets
Retail Properties
ยทShopping centers
ยทSingle-tenant NNN properties
ยทStrip centers
Office Properties
ยทMedical office
ยทProfessional office
ยทOwner-user office
Industrial Properties
ยทWarehouses
ยทDistribution centers
ยทManufacturing facilities
Specialty Assets
ยทSelf-storage
ยทHospitality
ยทMobile home parks
ยทMixed-use projects
ยทHealthcare facilities
CommLoan's platform includes lending sources across banks, credit unions, agency lenders, CMBS lenders, life companies, debt funds, and private lenders.
Why Speed Creates Competitive Advantage
Commercial real estate is highly competitive.
The fastest borrowers often win.
When financing is identified quickly:
โ Offers become stronger
โ Due diligence becomes more efficient
โ Closing risk decreases
โ Sellers gain confidence
โ Investors can pursue additional opportunities sooner
The difference between securing financing in weeks versus months can determine whether a deal closes at all.
What Investors Should Look For In A Commercial Mortgage Advisor
Before choosing a financing source, ask:
How Many Lenders Are Available?
A larger lender network generally creates more options.
Is The Advisor Property-Type Agnostic?
You want access to lenders that finance:
ยทMultifamily
ยทRetail
ยทOffice
ยทIndustrial
ยทSBA
ยทConstruction
ยทBridge Loans
Is There Technology Behind The Process?
Technology can dramatically reduce lender sourcing time and improve matching accuracy. CommLoan's marketplace was built specifically to connect borrowers and lenders more efficiently through a centralized platform.
Can They Present Multiple Financing Options?
Comparing multiple lenders creates leverage and often leads to stronger loan structures.
Final Thoughts
Commercial financing is not simply about finding a lender.
It's about finding the right lender.
The traditional approach of calling banks one at a time often leads to wasted time, unnecessary declines, and missed opportunities.
The most successful investors and business owners start with lender matching, allowing technology and lender networks to identify the best financing solutions from the beginning.
If you're purchasing, refinancing, developing, or expanding a commercial property portfolio, starting with the right lender can save months of frustration and significantly improve your chances of closing successfully.
Bill Rapp, CCIM
Director | CommLoan
๐ 281-222-0433
๐ง [email protected]
๐ https://billrapp.commloan.com/
Commercial Real Estate Financing Nationwide
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ยฉBill Rapp, CCIM - Director - Commloan
Main Office:
Medallion Funds
[email protected]
11920 Southern Highlands PKWY Suite 302Las Vegas, NV 89141
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