What commercial lenders/brokers out there pay a decent referral fee?
for referring the scenario of a customer that closes?
I am looking for reliable companies that make commercial loans, especially deals involving real estate that I can send customers to and earn some percentage such as 20% or 30% of fees they earn.
If you are a commercial lender and are looking for referrals, please post your contact information.
I will also need to have a good understanding about the loans you want to do and the parameters for qualification.
by got to have it August 21, 2009 5:13 PM
Just learn the business and make the money yourself.
by BigHappy August 21, 2009 5:36 PM
I pay my referral sources 30-50% of what I make on a deal. I'm a commercial broker and my business model is built on referral sources such as LOs, accountants, banks, etc. as my source of loans.
This makes it easier for someone like you to focus on originating and pass the loan off so you can go originate some more. You don't have to get bogged down with the details of processing a loan. The upside for me is I get to process loans and not have to worry about originating.
I'm direct to all of my lenders, and yes, the ones I use are lending. I believe in complete transparency which means your/our client will know who the lender is as soon as they are interested. No company generated LOIs to obtain upfront fees here.
Email me if you want my program list: email@example.com
by TheMaineEvent August 21, 2009 5:53 PM
I would be very happy to work out a commission split with you. No broker chains, we work directly with the lending sources.
We are commercial mortgage brokers.
We can arrange any type of asset based lending. From lines of credit to accounts receivable, purchase order, equipment financing to real estate. We maintain relationships with a variety of different banks. This gives us the ability to offer the best terms for loans from $500,000.00 and up. Loans can be submitted through our web site, www.greenmountainfs.com, via e-mail to firstname.lastname@example.org or call us at 516-596-1456.
Green Mountain Financial Services, Ltd.
by GreenMountain August 21, 2009 6:21 PM
We are direct commercial lenders. Why ask for a referral fee's when all you need to do is sign up with us and keep all your fee's. If interested, you can contact me at"
LNB Commercial Capital
by shizah14 August 21, 2009 11:34 PM
WE PAY BROKER 40% OF WHAT WE EARN ON ALL FUNDED DEALS,USA
WE HAVE BEEN CLOSING LOANS FRO OVER 20 YEARS AND WE HAVE
MANY LOAN PROGRAMS ,WE DO UP TO 100% COMMERCIAL FINANCING
FOR INCOME PRODUCING PROPERTIES,CHURCH LOANS,WE CAN HELP
MANY CHURCHES THAT MAY BE TURN DOWN BY OTHERS,WE DO HARD
TO PLACE TYPE LOANS,VENTURE CAPITAL,JOINT VENTURE ,HARD
MONEY LOANS,CREATIVE FINANCING,ETC. BRANTLEY & ASSOCIATES
P 713 981 5926 EMAIL email@example.com
by paraguay August 22, 2009 7:57 AM
I always suggest working out a separate fee agreeemnt between you and the borrower, be upfront about it and have them pay you at the close directly, you have nothing to hide if you have a solid funding source and treat them fairly, they will repsect you for it. I suggest earning the following on the below loan amounts, just my personal expectations/suggestions, nothing more than that fyi:
1M - 2M = 1 point
2M - 5M = .5 point
5M - 10M+ = .25 point
Remember, hogs get fat pigs get slaughtered, and typically if you are hoping to make 2 points on a 50MM deal simply for referring it and nothing more, forget it, you won't get those deals closed nor collect that kind of commission hoping for your big "soon to be retirement commission".
Good luck partner~
by straightshooter1 August 22, 2009 2:04 PM
Need COMMERCIAL Funding?
Refi or purchase up to $5 Million
Commercial Real Estate Projects Only
up to 65% LTV on most deals
660 minimum fico needed
Hotels, Mobile Home Parks, Apartment Buildings, Office Buildings, Office-Warehouse Combos, Owner Occupied Commercial Properties(businesses), Franchises, and more!!! Just Ask!
Sorry NO... construction, no marinas, no condotels, no real estate residential apt to condo conversions, no residential construction, no gas stations, no adult entertainment, no golf courses and no land deals
Business Development Manager, WMG Funding Partners
Commercial Loan Brokers
Email me your scenario for quickest reply!
by Moneyhunter August 22, 2009 6:08 PM
Please get in touch.
by MultiOptions August 23, 2009 3:08 AM
Commercial Loan Modification
50% referal fee
Get in touch for details
by fcloans August 29, 2009 4:19 PM