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Welcome to the commercial mortgage brokers information page on the Rainmaker
Marketing Corporation web server. Here you will find information
pertaining to the qualification and selection process for commercial mortgage
brokers. Rainmaker Marketing Corporation has received a lot of complaints
regarding commercial mortgage brokerage firms that routinely fail to make a
placement for a client.
Accordingly, here are some quick "do's & don'ts" regarding
mortgage brokers:
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Only deal with brokers that have a loan
correspondent relationship.
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Only deal with brokers that have direct and
substantial experience in your loan type - jack-of-all-trades aren't
typically good enough. You need specialists.
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Compensation is typically less than one
percent (1.00%) for a broker. If they are telling you it's a
multi-point deal for them, you have the wrong broker.
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Get a list of the transactions they have
funded and independently vet these disclosures.
If you aren't sure about how to proceed, contact
Rainmaker and get the help you need.
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