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 Broker
Relationship Program
Are you a mortgage loan broker or intermediary seeking financing
for your clients? BCFs commercial mortgage team works with
mortgage brokers and intermediaries to help their clients with
their financing objectives.
We ask that you submit a loan package as part of your initial
inquiry. This will enable us to efficiently determine the
suitability of our financing structures to meet your clients needs.
While BCF encourages loan submission from all brokers and
intermediaries, before we can process a loan request the following
two steps must be taken:
1. Submit your application to become
an approved broker.
2. Present the following information about the borrower/borrowing
entity for each transaction for further consideration:
Loan Package Requirements
Articles of Incorporation and By Laws
Brief Description and History of the Organization
Executive Summary
Purpose for the Loan Acquisition, Construction, Take Out,
Repositioning or Refinancing
Requested Loan Amount, Terms, Interest Rate and Amortization
Two Years Financial Statement and a Most Recent 12 Month
Interim Statement
Current Rent Roll that indicates Tenants Name, Unit Occupied,
Square Footage or Unit Type
Current Resume of Borrower, Developer and General Contractor
Personal Financial Statement of Principals/Guarantors
Color Photographs
Most Recent MAI Appraisal Report
Purchase Agreement
All Permits, Entitlements
Your Fee Agreement evidencing your right to represent the
borrower |
Only loan requests in amounts greater than $3 million, submitted by
approved mortgage brokers will be accepted.
Mortgage Broker Fee Policy
Mortgage Brokers working with BCF may be
able to earn 0.25% to 1% for their services,
assuming successful closing of submitted
transaction.
The fee may be paid from loan proceeds at
closing to the broker of
record and will be
disclosed to the borrower.
We are not able to assist brokers with loan
packages of less than $3 million dollars. |
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For mortgage broker forms, click here.
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