A mortgage broker connects borrowers with lenders, helping buyers and investors find and secure financing by shopping their loan among multiple lenders, advising on options, and facilitating the loan process, in exchange for fees or lender-paid commissions.
Log in to followPulled two years of debt onto one sheet this weekend because I was tired of arguing about this from memory. Fourteen loans on flips and BRRRR refis, average size around $450k. Six…
This came up three times last month with people my team works with, and the room splits every time, so I want to see the actual count. When you use a broker on a residential loan,…
Working out the first eighteen months of a brokerage and the two paths look genuinely different, not just in marketing but in what the P&L looks like. Conventional purchase lane.…
I'm getting ready to put money into a first rental and I've spent the last month just making phone calls. Two credit unions, a regional bank, and one online lender that does DSCR…
Ran the numbers on this over the weekend and I still can't get comfortable either way, so I'll put it to the room. We closed 61 files last year, 44 of them investor deals on the p…
Pulled our placement data for the last four quarters because a couple of our private lenders started dangling tier pricing and I wanted to know what we'd actually be giving up. 38…