Brad's Twitter Feed
- http://finance.yahoo.com/news/Geithner-Commercial-real-apf-3317591002.html?x=0&sec=topStories&pos=1&asset=&ccode=
- Is there hope left for hotels? http://bradalansweet.com/uncategorized/is-there-hope-for-hotels/
- Check this video out -- http://youtu.be/NhXq-h3Oyoo
- http://globestmultiviews.wordpress.com/2010/02/12/distressed-debt-the-smarter-investment-strategy/ Distressed Debt: The Smarter Investment
- The next crisis: Commercial real estate http://shar.es/mngfs via @sharethis
Remington Supports Brokers to Get Paid
As a broker you’re not in this to work for free. This is not a charity operation that you’re running – it’s about getting paid for your good work. The worst thing that can ever happen to a mortgage broker is that you get to the finish line, the loan closes and you don’t get paid. That is why it’s important to get a good fee agreement in place with the borrower. Whether you have one drafted up by an attorney or it is a verbal agreement, some borrowers just have bad intentions.
Because of this, Remington can guarantee you a percentage of our origination fee so you don’t have to deal with the hassle of invoicing a client or harassing a lender. We have all the contracts in place with our investors to make sure we get paid at closing. And by having a fee-agreement drafted up with us, you can too. This way, when your deal closes you can expect a check or wire transfer from Remington within 5 business days of closing.
The percentage is subject to increase as the deal-flow increases as well. Traditional brokers like to arrange a fee agreement with their clients and we stand behind those agreements and will work to protect you in every scenario. We’re here to help close more financing transactions and get you the broker paid for your work. Our access to capital and other services help you get there. Thank you! Brad Sweet