Partnership with Mortgage Brokers
Fractured real estate markets represent great opportunities for profit, but only for those with professional guidance. AVANT Capital can help your clients navigate the current market. We provide bridge and permanent financing for multifamily and commercial properties nationwide at competitive rates, at terms that meets your client’s needs.
We have recently finalized a revised policy to handle mortgage broker referrals to AVANT. Although we have worked successfully with mortgage brokers in the past, having closed hundreds of millions in loan volume referred by mortgage brokers, current market conditions have necessitated our revised policy.
From Mortgage Brokers:
We accept conventional loan requests over $2 million
We accept Hard Money loan requests over $1 million
We accept Equity Financing requests over $5 million
Avant Capital Partners is a mortgage banking firm and therefore, a correspondent for our lenders and capital partners. Although we manage the entire lending process, we do not keep any loans on our balance sheet. Due to our successful track record, we have been inundated with loan requests from mortgage brokers, investment sales brokers and borrowers, and it is our mission to efficiently respond to all of these requests. Our experience in providing successful executions to our clients has resulted in the development of the following requirements:
- We are in direct borrower contact with an executed exclusive agreement
- We are exclusive with the referral source for the subject loan request
- We are aware of which capital sources have reviewed the loan request to date
Please review the Referral Agreement located here. If the terms outlined are acceptable to you, please initial, sign & return to us along with the following items (if available).
Loan Summary
- Loan Requested
- Purpose of Loan
- Collateral offered
- Terms/pricing requested
- Key issues/requirements
- Background/history
- Source of Funds Schedule
Complete Rent Roll
Income and Expense Statement (YTD and historical)
Color Photos
Borrower profile including: credit score/history, a personal financial statement & property management/development resume
Borrower contact information and availability for introductory conference call to discuss transaction and expectations
Please call us at (212) 231-9782 or email us at info@avcapital.net to discuss specific loan requests.
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