YOUR ONE SOURCE FOR COMMERCIAL FINANCING & MORE
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WHY USE A LOAN BROKER

HOW WE ARE COMPENSATED:

At The BRC we believe it is important for you to understand the cost associated with obtaining our services from us. As our client you benefit from our professional team’s full scope of services and resources.
Every client relationship is unique and tailored to each client’s individual needs. Depending on the type of relationship you establish and the ways you choose to do business with us, The BRC may be compensated for the services we provide in a number of ways – commission, by a combination of fee and commission, or fee-only. You can be assured that the cost will be agreed upon upfront with no surprises.  Usually, when a new loan or refinance is involved the fees are usually points paid to a bank or financing institution and the cost usually paid to the lending institution is waived as we perform all of the work from the initial visit to loan closing.
 
WHAT IS A COMMERCIAL LOAN CORRESPONDENT/BROKER?

A Commercial Loan Correspondent/broker is highly trained individual in both the banking world and real estate world.  A Correspondent is also an independent contractor working with many lenders at any given time. By combining professional expertise with direct access to hundreds of loan products, your broker provides the most efficient way to obtain financing tailored to your specific financial goals.
 
WHAT DO COMMERCIAL LOAN CORRESPONDENT/BROKERS DO?

\In the volatile lending market, Commercial Loan correspondent/brokers start at the beginning of the process with you.  We learn your business, help assist you in determining what your financing needs are then seek to obtain those loan products.  We save you a great deal of time as you do not need to keep educating people along the approval process, this is completed by the correspondent and the end financial institution that fund your loan request.
We begin by completing a detailed financial analysis of your business we determine what your business can or cannot do.  We can assist you in completing business plans, forecasts, budgets and the necessary financials needed to complete a loan package.  If real estate is involved, the Broker is allowed to order the appraisal (and lenders can accept the appraisal as if ordered by themselves) needed to support the loan request and submit it with the loan package.  Depending on your needs the Loan Correspondent will then seek the loan funds needed from one or more sources.  We will open Title as needed.  We accompany you from start to loan closing.
A professional Commercial Loan correspondent/broker can wade through the mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.
 COMMERCIAL LOAN CORRESPONDENT/BROKERS HANDLE THE DETAILS!

There are literally thousands of variables that can affect the outcome of your Commercial Loan transaction.
A Commercial Loan correspondent/broker also:

Discusses and explains financing program options
Explains all documents
Explains all associated costs of the loan
Explains the disbursement of all loan proceeds
Explains the loan process, from application to closing
Communicates with you throughout the loan process in a timely manner
Coordinates the final closing of your transaction

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