ranking lenders by tier
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  1. #1

    ranking lenders by tier

    best factors, terms, process, and commissions

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    that all depends on what your looking for and what kind of deals your getting in with the marketing you are doing. All banks have their good and their bad. A good place to start is with the sponsors and advertisers on this site they are some of the better banks around

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
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    Johnny, shhhh....he's a paper chaser.

  4. #4
    good one buddy

  5. #5
    Senior Member Reputation points: 23702
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    Jebus. Are you an ISO or a guy working out of a garage? Is it just me, or is it time to stop answering these novice questions for uneducated competitors that are entering our space and pissing in our pool? If you don't know how to research banks, go back to your telemarketing job.

  6. #6
    Senior Member Reputation points: 1815
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    ranking lenders by tier

    He/She is working off their Mom's kitchen table.

  7. #7
    Senior Member Reputation points: 32658 Zach's Avatar
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    Send all of your deals to us at Core Financial. We pay generous commissions and can walk you through the trial-and-error of learning the industry.

    Contact me using the info below, or submit deals to NewDeals@CoreBusinessLoans.com.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  8. #8
    Senior Member Reputation points: 4807
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    These questions get asked a lot. The most important thing is knowing who top 2 funders (rate/term wise) are for each individual A-B paper deal. This is the most important thing because these are your competition. Either get there first or lose before you start. Yea, sometimes clients don't shop around much and you can slide one by but that is the exception and not the norm.

    Since A-B paper funders have their own quirks and preferences you need to get set up with them all.

    Short list:

    OnDeck
    CAN/New Logic
    ARF
    MCC
    TBB
    IOU

    There are others but these are the core group for the most part.

    C-D paper is a different beast. There are tons of outlets and rates/terms are the same for the most part. This is where a relationship pays dividends. Establishing a relationship with 3 or so B-C lenders and staying loyal will get you quick turns, good enough terms, and fair enough commissions. Everybody has their favorites and it takes time to figure out who works best for you.

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