Experienced brokers can now buy commercial mortgage loan business leads
You can choose you’re led by Amount of loans, loan type, property type, user type (c. Borrower developer c. Real Estate Broker), the Age of lead, and the county where the property sits The tracks cost between $ 1 and $ 9 each, depending on their size and freshness, plus another 37.5 basis points when you close a deal. Fresh, New Commercial Mortgage Leads for less than $ 1 million is only $ 3.
Close Added obtain five loans and loans to C
If you own a commercial mortgage company, you can now keep each loan officer in his busy office full-time working new commercial mortgage loan applications for commercial C-Loans. Please click here to see a sample of lead.
You can make specific searches, like this: Please show me each loan application business that is less than ten days old in Cook County, Illinois, where the loan amount is between $ 500,000 and $ 10 million, where the type of loan is a loan or a permanent bridge loan, where the type of property is a hotel, an office building or an industrial building, and when the borrower's credit is at least satisfactory. You will have scores of commercial mortgage loans from which to choose.
"Gee, George, that sounds very good - fantastic, really. But it takes any good?"
There are commercial mortgage brokers currently works loans-C, which has already made close to $ 1 million in fees using our driving - a million dollars! These are the small commercial mortgage companies that you probably have never heard of - financial TCRM, PMB Capital and Financial Integrity - but they are a great swath cut through the commercial lending industry because of our potential customers.
"Are the prices charged by C-Loans reasonable?"
If you've ever paid for classified advertising, magazine advertising, billboards, advertising or radio, you will agree that advertising on its own for commercial loans can be phenomenally expensive. And when it does come to mind, like their chances of being a small commercial mortgage loan of $ 50,000 or a request for $ 2 million mezzanine loan application in a parking garage in Maine. You often get junk or things that you can not do.
But when you buy a lead of the C-loans, the principal will be the size, the property will be close to his office, the credit will be good (or bad, if you prefer), and type of loan is something you can do . For example, if you are brokering the majority of its offerings to Interplay or Silver Hill, who certainly would not want to waste they generate advertising dollars for the construction loan carries.
Buying leads from C-Loan is an immensely more efficient way to spend their limited advertising budget.
"So not only do I owe $ 3 or so in advance, but we also need to 37.5 basis points (just over one third of a point) if an agreement was close."
That's right. Just notify our office if an agreement is near completion, and we'll send you an invoice.
"How many other brokers are buying leads?"
Only a total of six commercial mortgage brokers or lenders will be allowed to buy any particular lead, in addition to the direct commercial mortgage lenders selected by the borrower, as originally intended. Do not worry too much about direct competition against the lenders. Compared with commercial mortgage brokers working on commission, banker’s employees are very much a dream. His real competition will be the three other commercial mortgage brokers to afford to buy the same lead. If you want to sell off these kids, this is very important C-Loans tip: The success of C-loan is all about speed, not small differences in pricing. The first commercial mortgage broker with decent rates to reach the borrower usually receives the treatment.
"This sounds almost too good to be true, George. What's the catch?"
C-Loan does not make any serious money from the sale carries a lousy 3 U.S. dollars each. In fact, the only reason will charge nothing for potential customers in advance is to ensure that the broker actually works damn lead. You can bet that if a corridor for deposits of cold, hard cash for a lead that is going to work! :-)
In contrast, C-loan makes 95% of their mass when our commercial mortgage lenders or brokers close deals. But how can achieve Borrowings from C-keeping misled? How do we know when a commercial mortgage loan? We have our ways ... But let us begin by choosing only honest, good credit of the participants who are not proof of failure. Therefore, if applied to C-Loans to become a buyer of lead, we will check that out a bit.
But if you can sell, and if you have good credit, being selected to participate in C-Loans can be the single most important financial event in his entire career!
Just look at the people in TCRM Finance, PMB Capital, and Integrity Financial. Each of these small mortgage companies is closing in on a million dollars in fees earned on the job of C-Loans driving.
And once they have closed five loans for the C-loans, we will add that the system as if it were a lender.
Since then, you'll never have to pay in advance once again leads. But I have a secret for you. The leads you purchase are better than the leading direct our lenders receive. The reason is because the cool head, the better. Best better. It turns out that C-lending is not a kind of bidding war. Surprised? No doubt they were. It turns out that the success of C-loan is all about speed. Shelling out for a lousy $ 3 for a lead, you can buy that takes less than a minute old and beat everyone to the punch.
