ZOOM: Commercial Lending 101 (3HR)

Instructor: Doug Vairo

Duration: 3 Hours

Type: Zoom

Credits: 3

Certification: Emailed Upon Completion
State: New York

Course ID: M18319

Price: FREE

Course Overview

This course is designed to teach Real Estate Professional, and Loan Officer’s the basics of Commercial Lending, how to calculate cash flow (DSCR), how to perform due diligence on a property and how to calculate Cap Rate and how a property will perform based on cash flow 1) An overview on Commercial Real Estate Loans 2) A discussion on the properties and entities that qualify for commercial loans 3) Details on how to perform calculations to qualify a CRE loan

Course Instructors

Eric Busuttil

Branch Manager CCM

Eric Busuttil is currently the Vice President of Business Development at Cross Country Mortgage. Eric is a St John’s University graduate and has over 15 years of experience in the mortgage industry and has excelled in managing the day to day functions of expansion and the many facets of business development. These functions include but are not limited to managing and growing relationships with Real Estate Brokers, Agents, Real Estate Attorneys, Accountants, Financial Planners and other Mortgage Professionals. Eric holds a mortgage originator License in NY, NJ, PA, MA, and CA.  Eric also spends his time teaching several New York State approved continuing education classes for Realtors. Eric doesn’t just love the interaction with other industry professionals but feels the best way to give back is to help others advance in their careers by sharing the knowledge and experience he has accumulated throughout his career.

Doug Vairo

Director, NYSORE

Doug Vairo is the Director of New York School of Real Estate. Since 1998 Doug Vairo, has trained thousands of loan officers and real estate agents around the country. Doug has trained for companies such as, Countrywide, Capital One, Wells Fargo, Morgan Stanley, Exit Realty, Brooklyn Real Property, Staten Island Board of Realtors, Bronx Board of Realtors, Brooklyn Board of Realtors and countless other organizations. Fast forward 20 years to the New York School of Real Estate. The training school was opened as a result of the many positive testimonials received over the years. Doug has been called an ‘Entertrainer” by many students. He weaves fun and learning into a great experience. Doug has authored “Credit Smart”, sold on Amazon as well as a full blown “Loan Officer Training Boot Camp”.