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01-04-2021, 09:08 AM #3
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
We worked through a small community bank and it was surprisingly very smooth. No portal, just emailing loan officer directly. They ended up getting very overwhelmed and decided to end their participation on June 30th. We then transitioned to a large (non-bank), SBA lender.. again, no portal, but it went well. We were comp'd 1% of each loan. I must say it was very very time consuming. The income didn't come close to covering my time and expenses, but it was still worth it. The knowledge and relationships that were gained, are priceless.
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