who funds real estate broker company-Direct lender only

**happysales** · 12-16-2015, 01:34 PM

Who funds Real estate brokers? direct lenders only.

**Boris.M-WBL** · 12-16-2015, 01:48 PM

check your inbox

**pmoney** · 12-16-2015, 01:50 PM

Originally Posted by happysales

Who funds Real estate brokers? direct lenders only.

We can certainly fund a real estate brokerage as long as they have real estate which can be used for collateral. Definitely get in touch if they have the real estate since we can go 2-3x the gross monthly revenues. 212-210-8552 or paul@oracleloans.com

**FUNd** · 12-16-2015, 01:51 PM

Originally Posted by Boris.M-WBL

check your inbox

Before you check your inbox, check your client's real estate holdings.

**LoanMe** · 12-16-2015, 02:01 PM

LoanMe (Direct Lender- 100% funded in house) can take a look at this. We don't have any restricted "For-Profit" business types or SIC codes. That being said we do look at the last 2 months of gross income on the business bank statements. How much gross income was generated on the bank statements in October and November?

**happysales** · 12-16-2015, 02:20 PM

25k last 2 mo average. General av 30K no NSF/ng days

**Chambo** · 12-16-2015, 02:29 PM

Did we just have TWO DIFFERENT WBL reps pitch the same merchant?

**LoanMe** · 12-16-2015, 02:29 PM

Originally Posted by happysales

25k last 2 mo average. General av 30K no NSF/ng days

We can potentially lend this file up to $50/$75k. It all will depend on our system set internal scoring based on the borrowers application. Give us a call if you would like to get setup to submit this file to LoanMe.

**Chambo** · 12-16-2015, 02:30 PM

All we need is for Zach to chime in for the hat trick!

**Kevin Henry-Seacoast** · 12-16-2015, 02:51 PM

Perhaps they will simultaneously stack themselves?

**FUNd** · 12-16-2015, 02:55 PM

Fed just raised rates 1/4 pt. so maybe putting up your property for a 12 month 1.32 looks a little more attractive.

**AndyYSCISOdept** · 12-16-2015, 03:08 PM

I like it, where do I sign up?

**FUNd** · 12-16-2015, 03:17 PM

Dangerous question. Your inbox is now at capacity.

**pmoney** · 12-16-2015, 06:32 PM

Originally Posted by Chambo

Did we just have TWO DIFFERENT WBL reps pitch the same merchant?

Hahaha yeah they posted as I was typing...was waiting for someone to call that out, good looks

**Michael I** · 12-16-2015, 06:34 PM

Originally Posted by pmoney

Hahaha yeah they posted as I was typing...was waiting for someone to call that out, good looks

beware of the forum police

**FUNd** · 12-16-2015, 07:20 PM

We are happy to police the forums, but only if you have real estate as collateral.

**Zach** · 12-16-2015, 08:04 PM

I feel like I have succeeded in teaching our industry about WBL.

Now, where's the rest of your deals?

**Michael I** · 12-16-2015, 08:13 PM

And here is Zach bases loaded . Now we need mat or Chris to bring it all home

**happysales** · 12-17-2015, 06:34 PM

Already funded. Thanks

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