2021 Top Mortgage Brokers and Lenders
Senior managing director at Lument
Began career with Lument legacy firm Hunt Real Estate Capital in 2000
Has completed $1.5 billion in transactions
Steven Cox is a senior managing director at Lument, where he is responsible for the national loan origination of Fannie Mae DUS, Freddie Mac and FHA product lines, along with proprietary loan products. He is responsible for clients in the Northeast and Florida.
Cox began his commercial real estate career with Lument legacy firm Hunt Real Estate Capital in January 2000 and has originated $1.5 billion in transactions.
Under Cox’s leadership, the firm closed its first ever equity investment transaction with the parent company in 2016 in South Florida. His team is one of a few that has originated nearly every single product offered by the company. He has a critical ability to understand small details that make complex transactions seem very simple.
Cox believes it’s truly important to build long lasting relationships with your sponsor. He advocates that other lenders might be there when times are good, but the best ones, such as Lument, plan to be there when the road gets bumpy. He also stresses the importance of knowing and understanding various products to best serve clients.
One of his notable transactions from 2020 was a $25.4-million package of Fannie Mae loans to refinance three-multifamily-communities-in-Dallas. With the properties up-to-date and performing well, the objective of this transaction was to put in place cost effective permanent debt and provide cash-out proceeds to pursue additional multifamily opportunities. By structuring the Fannie Mae loans at low loan-to-value levels, the borrower was able to avoid and limit the contribution of additional principal and interest escrows.
These are some of the reasons we selected Cox for inclusion in our first-ever Top Mortgage brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.