Extensia Financial announces it offers commercial real estate lending consultative services
Guiding credit unions in the development and maintenance behind a healthy commercial lending program
NORTHRIDGE, CA (January 3, 2017) — Extensia Financial, one of the nation’s largest Credit Union Service Organization (CUSO) dedicated to commercial real estate lending and advisory services, announced that it offers commercial real estate lending consultative services to help credit unions develop and/or maintain successful commercial lending programs.
Extensia’s consultative services are designed to help credit unions interested in beginning an in-house commercial lending program understand best practices and potential risks. Extensia also helps credit unions with established commercial real estate lending programs analyze their risk, make necessary adjustments to underwriting practices and handle complex note sales.
Extensia offers this service alongside its annual loan review consultative services and its comprehensive commercial real estate lending program, which can handle credit union commercial lending from funding to servicing. As the industry is adjusting to the upcoming changes to the NCUA’s MBL guidance taking effect in January 2017, Extensia serves as a resource to credit unions interested in diversifying their loan portfolios through commercial lending programs.
“Our comprehensive consultative services are an educational program designed to help credit unions build a sustainable commercial lending program that fully supports their strategy and roadmap,” said Pam Easley, CEO of Extensia Financial. “We also work extensively with credit unions that have established programs to develop more sophisticated risk-management procedures, such as updating underwriting practices for the highest quality loans.”
About Extensia Financial
Extensia Financial is one of the most seasoned credit union service organizations (CUSO) focused on commercial real estate. Established in 1998, Extensia is a customer service-driven organization connecting credit unions with commercial real estate brokers, commercial mortgage brokers and high- net-worth investors through participation lending. Extensia partners with credit unions to diversify their lending portfolios, expanding credit unions lending programs beyond their communities, mitigating concentration risk while increasing their loan to share ratio. Extensia is actively seeking credit unions wishing to invest in commercial real estate lending opportunities from $2 million to $15 million to present to our investors. The company is headquartered in Northridge, California. To learn more visit www.extensiafinancial.com or follow Extensia on LinkedIn.
