Management Concepts LLC is excited to partner with us to provide Real Estate and Business Loans. As a consultant for referring brokered deals. Our brokering process makes the entire referral process easy and efficient for both parties. Our team understands that a mutually reliable relationship leads to positive results for both parties. Good deals are presented by brokers and brokers are always paid when settlements occur.
You refer us a customer who is looking for a hard money loan.
Our team will review and assess the needs of their project. We may require more information, or we will need to collect any necessary documentation that is required.
The broker will be protected and will be paid at the closing of the deal.
To learn more about brokering deals with our team, feel free to reference the snapshot summary below, or contact us.
Remember, brokers are always protected and paid at closings.
We always welcome brokers’ participation.
We have the ability to self-fund, thus we can be very creative in making your deal happen! Please keep in mind not all funding will be done in network.
Loan Types: Rehabs, second trusts... Almost anything that makes sense except
Loan Amounts:For (Business) $50K to 5mm For Real Estate Starting Amount $100+
Loan Territory: The United States & Canada with the exception of certain territories
Credit Requirements: Credit and income are examined, but not a primary consideration.
Interest Rates: 9-15%
Points: 1-5 points
Broker’s Compensation: 20-50% of points charged
Paperwork Required: We dislike paperwork as much as you; different states require different levels of documentation.
Borrower Experience Required? No
Bankruptcy Issues: Usually not a problem
LTV: Typically based on AS-IS value
ARV: Case by Case
Can a client have multiple loans with us? Yes, depending on the strength of the client.
Pre-approval letters: We are happy to provide approvals once a completed application is submitted.