We very much recognize that although we welcome submissions directly from Borrowers, the Broker is really our customer in almost all cases.  And since repeat business is the best business, we will always do our best to be as responsive and as straightforward as possible to encourage brokers to keep us at the top of their call lists. 

 

If the deal is "doable", we usually know very quickly if we can make the loan.  And if we cannot, we will also let you know right away;  we have been brokers too, and we know that there is nothing worse than a "slow no".

 

If you do have a one-pager already available of a proposed loan deal and/or a copy of an appraisal, please email or fax it to us along with your contact information for a prompt call back. 

 

If not, we suggest calling us and providing us with a quick summary of the deal.  Some basic guidelines for information we might need is:

 

·         A basic description of the property and how the valuation was determined

·         An understanding of the borrower's equity in the deal, e.g.:

o        Purchase – Borrower’s down payment and seller’s note

o        Refinance – When property was purchased and at what price

·         An understanding of how the interest will be paid

·         An understanding of what the loan proceeds will be used for

·         The exit strategy for our loan

·         A summary of personal financial information on the borrower

 

If further guidance is needed, you may download the Sample One Pager or a Personal Financial Statement Form.

 

Thanks, and we look forward to doing business together.