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Here is the suggested Q&A:
What is the commission rate for a self-gen commercial loan originator?
The commission rate for a self-gen commercial loan originator is 50% of broker revenue from funded loans.
What is the commission rate for a Com-Gen Commercial Loan Originator?
The commission rate for a Com-Gen Commercial Loan Originator is 35% of broker revenue from funded loans.
What is the commission rate for an internal referral?
The commission rate for an internal referral is 15% of broker revenue from funded loans.
Is there a cap on commission earnings for commercial loan originators?
No, there are no caps on commission earnings for Commercial Loan Originators.
What is the commission rate for a commercial loan processor?
The commission rate for a Commercial Loan Processor is 10% of broker revenue from funded loans.
What is the monthly cap on commission earnings for a commercial loan processor?
The monthly cap on commission earnings for a commercial loan processor is $7,000.
What is the production bonus for a commercial loan processor?
For commission earnings exceeding the $7,000 commission cap, a commercial loan processor will receive a payout at 5% of broker revenue for funded loans.
What is the commission rate for a closer/funder/recorder?
The commission rate for a closer/funder/recorder is 5% of broker revenue from funded loans.
What is the production bonus for a closer/funder/recorder?
For commission earnings exceeding the $7,000 commission cap, a closer/funder/recorder will receive a payout at 2.5% of broker revenue for funded loans.
What is the commission rate for a referrer?
The commission rate for a referrer is 15% of broker revenue up to $1,000 per file
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Can someone please explain the difference between recourse and non-recourse loans on commercial loans?
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What is a private money loan? What is the difference between a private money and hard money loan? How Do I Qualify for a Private Money Loan? What is the eligibility requirements to qualify and get approved for a private money loan? What is better? Private money loans or hard money loans? Where can I get approved for private money loans fast?
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This discussion was modified 7 months, 1 week ago by
Gustan Cho.
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This discussion was modified 7 months, 1 week ago by
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Anyone have more information about Lending Network, Inc. and what type of company Lending Network, Inc. is? Who is the CEO of Lending Network, Inc.?
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I am thinking about starting a career in commercial lending? How do I go about starting my foot in the door as a commercial loan officer.
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The apartment building values started to plummet as much as 40%. Apartment and multifamily properties peaked in May 2022 and started falling since then. Besides plummeting apartment building values, foreclosure of apartment building properties are skyrocketing to 2007 levels. The numbers of apartment building values plummeting and soaring foreclosure rates vary from city and state. We will cover more in this breaking news as more develop in the coming days and weeks. Besides apartment building properties, values of commercial properties in general have and are plummeting at record levels.
https://youtu.be/QuDEubYPMoM?si=sYcSVFDyYmK1MeBC
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This discussion was modified 11 months, 1 week ago by
Gustan Cho.
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This discussion was modified 11 months, 1 week ago by
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Builders, Realtors, Investors! Lookie Lookie! We have a seller looking to make deal for 2024. Check out the attachment! If you have the brass to tackle this, then let’s connect today! Creative commercial financing available. Call me: 972-707-4963
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Kevin O’Leary one of the host of the Shark Tank blasted the liberal judge that found former President Donald Trump guilty of fraud and fined the former President $350 million dollars because of ruining future real estate developers and real estate investors from investing in New York
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