How the system works?

This web site uses a question and answer format to determine the type of loan and terms you are looking for. It then matches these requirements against a database of our own internal products and products of other private and public commercial mortgage lenders. That information is then given to one of our commercial loan officers to pre-underwrite. In addition, our commercial loan officer will also determine if other loan options are available to you.

From this point, we contact you, the mortgage broker and tell you what rates and terms are available, you have the choice to either move forward or not. This is dramatically different from other systems that take your information and send it to 50 different places with no care for who gets the information.

How are you paid?

There are two different options:

1. You just want to refer the customer to us:
If you are like most residential mortgage officers, you are busy building your residential business and handling all of your current customers. You don't have the time or energy to learn a whole different side of the business. But, you don't want to throw away good leads either. This program is perfect for you. You can email, call us or enter your customer's information and you will receive a healthy referral fee. Just for supplying a customers name and number, you can expect to receive 25% of the gross commissions earned on the transaction. On average, gross commissions equal about 2.5% of the total loan amount. Your fees are protected with a "Revenue Sharing Agreement" this agreement is in writing and sent to you signed by us and clearly states how much money you will be paid and when.

2. You want to set your own fee and level of involvement:
If you want to be more involved in the transaction and see it through from start to finish, this program is right for you. Under this scenario, you wet your own fee and we list it on the letter of agreement for you.

Here are the steps to this process:

• We create a commercial letter of agreement that you take to your customer and have them sign. The loan officer will help you determine what is fair to charge the customer and let you know what is normal for a similar transaction. Your fees are now protected. You can use your own letter of agreement if you prefer.
  
• We analyze the transaction and prepare it to be underwritten.
  
• You perform a warm introduction between the customer and the loan officer.
  
• We complete all of the stipulations needed to close the loan.
  
• We order all of the due diligence items including the appraisal and title work.
  
• We close the loan.
  
• Most importantly, make sure you are paid.
  

Brokers Click here to submit a loan