Old Republic Specialized Commercial Services (ORSCS) is your single-source advantage for fast, accurate title and settlement services, along with third-party physical due diligence services nationwide. Transactions are coordinated through one contact, at one location, using one platform, so we can provide quick turnaround times. We utilize streamlined processes with in-house quality controls that allow you to quickly and consistently underwrite, close and fund loans.
ORSCS offers solutions for all your commercial real estate lending needs:
Small Business Administration (SBA) Lending
ORSCS combines quick turnaround times with streamlined costs to help lenders meet the needs of growing small businesses looking to obtain an SBA 7(a) or 504 loan. We offer all the SBA-required environmental, inspection, appraisal, title and settlement services for the purchase or refinancing of owner-occupied commercial real estate throughout the country.
Small Balance CRE – Business Banking
We provide a centralized, third-party due diligence package designed for CRE and business banking loans for properties throughout the country that are single-tenant, owner-occupied, income-producing, and with a loan amount less than $5 million. Our services allow you to make a sound underwriting decision quickly, and your borrowers can get their needed capital without delay.
Small Balance – Multifamily Agency
Our centralized team provides a custom, bundled solution for the acquisition or refinancing of properties with at least five units, and a loan amount between $1 million and $7 million. We deliver standardized documentation and a streamlined workflow to close, fund and secure the loan in compliance with Fannie/Freddie’s Small Balance Multifamily lending guidelines and within agency-mandated timelines.
Physical Due Diligence Services:
- Commercial Land Surveys
- Zoning Reports and Letters
- Property Condition Assessments
- Environmental Studies
- Commercial Appraisal Valuations
Title and Related Services:
- ALTA’s Owner’s, Loan & Leasehold Policies
- Customizable Property Reports
- Ownership & Encumbrance (O&E) Reports
- Deed Reports
- Full Closing & Settlement Services
- Sub Escrow/Disbursement Services
- Earnest Money Escrow
- Recording Services
- UCC & Judgment Searches
- Flood Determination
- 1031 Exchange Services