5 ways Lev is revolutionizing the closing process in CRE
Closing a commercial real estate deal is a slog. Coordinating third parties. Navigating appraisals. The communication gaps. Add it all together and you have a big operational burden for your team.
Now, help is at hand. Lev’s closing specialists can manage the whole process for you through a first-of-its-kind, fixed-fee service. With Lev Closing, Lev’s team and technology platform will manage every aspect of your closing process, getting your deal from signed term sheet to closing faster and more efficiently. Lev Closing is available whether or not you’ve used Lev’s Lender Placement service.
Here are 5 ways Lev Closing will get your next deal over the finishing line faster and with less headaches:
| Regular Closing | Closing with Lev |
|---|---|
| 75-90 days | 30-60 days |
| Disorganized and opaque experience | Transparent process powered by Lev’s technology platform and dedicated loan closing experts |
| Expensive legal and third party fees | Reduced fees thanks to Lev’s preferred pricing |
| Threat of deal dying because of lender concerns | Proactive support that spots potential issues before they arise |
| Appraisals that come in below expectations | Lev’s team of valuation experts is in your corner and will counter your appraisal on your behalf. Read a recent success story here. |
1. We will close your deal, faster
We pride ourselves on closing deals quickly, by combining technology with a battle-tested closing team. We typically close deals in 30-60 days — 2x faster than industry averages.
2. We keep you in the loop at every step of the deal
Say goodbye to the days of irregular lender updates. Keep track of your deal’s progress and exact next steps 24/7 through your Borrower Portal.
You can track your deal 24/7 on Lev’s Borrower Portal
Alongside your Borrower Portal, Lev’s loan closing experts will provide ongoing updates and proactive support, such as putting together estimated closing costs early in the process so there are no surprises when it comes to transferring funds.
3. You’ll save on third party fees and hours of project management
Lev’s Closing Team requests multiple quotes from different vendors to get you the best deal on surveys and inspections. We ensure there are no issues with the reports and that they are certified correctly.
Our Closing Team also handles all of your deal’s project management. We serve as the main point of contact between you and your lender, managing tasks that include:
- Collecting due diligence items and reviewing them prior to submitting them to your lender for review
- Coordinating all site visits with inspectors
- Proactively requesting payoff letters from existing lenders for refinancings
- Obtaining all required zoning verification letters from municipalities
- Working with your attorney to ensure your lender gets everything they need
- And much more
4. We will ensure your deal gets closed
If we take your deal on, we will get it completed. We know how difficult it is when a deal falls apart at the last minute. By combining people and technology we can spot issues before they arise and we hold all parties accountable to ensure your deal stays on track.
Lev’s Closing Team uses our Borrower Portal to keep you updated on everything from appraisals to site visits.
5. We will get you the best valuation possible
We will make sure your property is appraised at the correct value. Our appraisal team has helped borrowers increase valuations by $500,000. We ensure the right appraiser is chosen and that the appraisal is done correctly with the right comps. Most importantly, we spot issues before they happen. We want to make sure you are getting the right value for your deal.
Never Worry About Closing Again
Closing can and should be efficient and straightforward. Our technology and dedicated closing team make closing your deal easy and painless.
5 ways Lev is revolutionizing the closing process in CRE
Closing a commercial real estate deal is a slog. Coordinating third parties. Navigating appraisals. The communication gaps. Add it all together and you have a big operational burden for your team.
Now, help is at hand. Lev’s closing specialists can manage the whole process for you through a first-of-its-kind, fixed-fee service. With Lev Closing, Lev’s team and technology platform will manage every aspect of your closing process, getting your deal from signed term sheet to closing faster and more efficiently. Lev Closing is available whether or not you’ve used Lev’s Lender Placement service.
Here are 5 ways Lev Closing will get your next deal over the finishing line faster and with less headaches:
| Regular Closing | Closing with Lev |
|---|---|
| 75-90 days | 30-60 days |
| Disorganized and opaque experience | Transparent process powered by Lev’s technology platform and dedicated loan closing experts |
| Expensive legal and third party fees | Reduced fees thanks to Lev’s preferred pricing |
| Threat of deal dying because of lender concerns | Proactive support that spots potential issues before they arise |
| Appraisals that come in below expectations | Lev’s team of valuation experts is in your corner and will counter your appraisal on your behalf. Read a recent success story here. |
1. We will close your deal, faster
We pride ourselves on closing deals quickly, by combining technology with a battle-tested closing team. We typically close deals in 30-60 days — 2x faster than industry averages.
2. We keep you in the loop at every step of the deal
Say goodbye to the days of irregular lender updates. Keep track of your deal’s progress and exact next steps 24/7 through your Borrower Portal.
You can track your deal 24/7 on Lev’s Borrower Portal
Alongside your Borrower Portal, Lev’s loan closing experts will provide ongoing updates and proactive support, such as putting together estimated closing costs early in the process so there are no surprises when it comes to transferring funds.
3. You’ll save on third party fees and hours of project management
Lev’s Closing Team requests multiple quotes from different vendors to get you the best deal on surveys and inspections. We ensure there are no issues with the reports and that they are certified correctly.
Our Closing Team also handles all of your deal’s project management. We serve as the main point of contact between you and your lender, managing tasks that include:
- Collecting due diligence items and reviewing them prior to submitting them to your lender for review
- Coordinating all site visits with inspectors
- Proactively requesting payoff letters from existing lenders for refinancings
- Obtaining all required zoning verification letters from municipalities
- Working with your attorney to ensure your lender gets everything they need
- And much more
4. We will ensure your deal gets closed
If we take your deal on, we will get it completed. We know how difficult it is when a deal falls apart at the last minute. By combining people and technology we can spot issues before they arise and we hold all parties accountable to ensure your deal stays on track.
Lev’s Closing Team uses our Borrower Portal to keep you updated on everything from appraisals to site visits.
5. We will get you the best valuation possible
We will make sure your property is appraised at the correct value. Our appraisal team has helped borrowers increase valuations by $500,000. We ensure the right appraiser is chosen and that the appraisal is done correctly with the right comps. Most importantly, we spot issues before they happen. We want to make sure you are getting the right value for your deal.
Never Worry About Closing Again
Closing can and should be efficient and straightforward. Our technology and dedicated closing team make closing your deal easy and painless.
5 ways Lev is revolutionizing the closing process in CRE
Closing a commercial real estate deal is a slog. Coordinating third parties. Navigating appraisals. The communication gaps. Add it all together and you have a big operational burden for your team.
Now, help is at hand. Lev’s closing specialists can manage the whole process for you through a first-of-its-kind, fixed-fee service. With Lev Closing, Lev’s team and technology platform will manage every aspect of your closing process, getting your deal from signed term sheet to closing faster and more efficiently. Lev Closing is available whether or not you’ve used Lev’s Lender Placement service.
Here are 5 ways Lev Closing will get your next deal over the finishing line faster and with less headaches:
| Regular Closing | Closing with Lev |
|---|---|
| 75-90 days | 30-60 days |
| Disorganized and opaque experience | Transparent process powered by Lev’s technology platform and dedicated loan closing experts |
| Expensive legal and third party fees | Reduced fees thanks to Lev’s preferred pricing |
| Threat of deal dying because of lender concerns | Proactive support that spots potential issues before they arise |
| Appraisals that come in below expectations | Lev’s team of valuation experts is in your corner and will counter your appraisal on your behalf. Read a recent success story here. |
1. We will close your deal, faster
We pride ourselves on closing deals quickly, by combining technology with a battle-tested closing team. We typically close deals in 30-60 days — 2x faster than industry averages.
2. We keep you in the loop at every step of the deal
Say goodbye to the days of irregular lender updates. Keep track of your deal’s progress and exact next steps 24/7 through your Borrower Portal.
You can track your deal 24/7 on Lev’s Borrower Portal
Alongside your Borrower Portal, Lev’s loan closing experts will provide ongoing updates and proactive support, such as putting together estimated closing costs early in the process so there are no surprises when it comes to transferring funds.
3. You’ll save on third party fees and hours of project management
Lev’s Closing Team requests multiple quotes from different vendors to get you the best deal on surveys and inspections. We ensure there are no issues with the reports and that they are certified correctly.
Our Closing Team also handles all of your deal’s project management. We serve as the main point of contact between you and your lender, managing tasks that include:
- Collecting due diligence items and reviewing them prior to submitting them to your lender for review
- Coordinating all site visits with inspectors
- Proactively requesting payoff letters from existing lenders for refinancings
- Obtaining all required zoning verification letters from municipalities
- Working with your attorney to ensure your lender gets everything they need
- And much more
4. We will ensure your deal gets closed
If we take your deal on, we will get it completed. We know how difficult it is when a deal falls apart at the last minute. By combining people and technology we can spot issues before they arise and we hold all parties accountable to ensure your deal stays on track.
Lev’s Closing Team uses our Borrower Portal to keep you updated on everything from appraisals to site visits.
5. We will get you the best valuation possible
We will make sure your property is appraised at the correct value. Our appraisal team has helped borrowers increase valuations by $500,000. We ensure the right appraiser is chosen and that the appraisal is done correctly with the right comps. Most importantly, we spot issues before they happen. We want to make sure you are getting the right value for your deal.
Never Worry About Closing Again
Closing can and should be efficient and straightforward. Our technology and dedicated closing team make closing your deal easy and painless.
