Outside of handling private mortgage fund, hard money loans or private money loans, private financing, ROI 8% for investors, private mortgage pool, and safe investment secured by real estate, we here at LBC Capital Fixed Income Fund are also dedicated to serving the best interest of borrowers and investors, as well as their designated outside brokers.
We are a premier raw land and hard money lender, and as such we've successfully dealt with multiple brokers in the past. At any rate, here are the most frequently asked questions we have when it comes to brokers.
- If you're a broker who brings a borrower to LBC Capital Fixed Income Fund, how do you get paid? In order to get paid by referring a borrower, you need to first be licensed as a California Real Estate Broker. Furthermore, we will pay you as a referring broker, depending on the policies stated in our Broker Agreement.
- Why should you work with LBC Capital Fixed Income Fund? We aren't like institutional lenders. An ever-growing list of borrowers, investors, realtors, and brokers has discovered how easy it is to do business with a seasoned veteran like LBC. Besides which, we can fund a loan or get you paid within ten business days. We use our money and utilize a simplified lending criteria, so our clients will never feel like they're getting the short end of the stick.
- Do we cooperate with brokers? In order for a private mortgage fund to work, there are times when we'll have to deal with mortgage brokers (who handle all mortgage loans), investment brokers (who handle the best interest of the investors who fund the loans that LBC offers), and real estate brokers (who handle the buying and selling of a piece of real estate on behalf of a buyer or seller).
Even if multiple brokers are involved in a given investment or loan, neither borrowers nor investors need to worry. Multiple loans have been brought in here by outside brokers, and we have handled such transactions splendidly.
- Why shouldn't the borrower work directly with the investor? Sometimes, brokers can make working with investors directly quite difficult and costly (because you'll probably need to have a broker yourself to look out for your interests). With LBC Capital Fixed Income Fund, transactions are made much easier even with the involvement of multiple brokers.
Avoiding a broker (or brokers) doesn't necessarily save you money because of how complicated lending money can be. Before investing or borrowing by yourself, you need to understand all sorts of policies and regulations. You should only go about taking loans of investing money if either you're a broker yourself or you're well-versed in regards to these things.
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