Broker referrals are our
mainstay, so we compensate them generously and we do expect their future
business. If you or your company have a deal that's just not going anywhere, give us a try.
We can do the unusual loans that others cannot. We work hard to establish
good ethical relationships with brokers and private lenders alike. We
receive a lot of repeat business from past satisfied clients. We do work
directly with borrowers, but we also do a large quantity of loans with
brokers who help their clients understand when private hard money may be an appropriate course of action for their clients benefit. We
will work with brokers in many ways, but the two main ways being:
The broker refers a client directly to
us, and we put together the loan package, working directly with the
borrower and the referring broker receives a "referral fee" mutually
agreed upon prior to drawing up docs and closing of the loan. Or the broker
may submit a full and complete package to us, and remain
"in the loop" throughout the complete loan transaction. This
way, the broker
is free to price the end product to their client, adding whatever
reasonable fees they can negotiate.
