Hard Money Loans for Mortgage Brokers

BMC Wants To Build a Relationship With You

The relationships we have with brokers in our network are among the most important. Bay Mountain Capital works hand in hand with licensed mortgage brokers throughout the life of the loan. We are committed to assisting our brokers to gain success in their endeavors. Let’s work together to help your clients achieve their real estate investment goals.

All brokers must follow Bay Mountain Capital’s Mortgage Broker Policy. Details are listed below:

Mortgage Broker Policy

All mortgage brokers that wish to partner with Bay Mountain Capital must adhere to the following guidelines:

• Broker must register on BMC website with their name, company name, website, email address, phone number, years in business, and short summary of their transactions closed within the past 12 months.
• Broker must disclose any separate fee agreement with prospective BMC Borrowers.
• Broker will be acting as the intermediary between BMC and Borrowers.

    Regarding Broker fee agreements with Borrowers:

• Fee agreement must be provided to BMC and title company.
• Fee needs to be reflected on the term sheet.
• Fee needs to be reflected on the settlement statement.

    If Broker has no fee agreement with Borrowers:

• Fee shall be equal to 1% of the loan amount.
• If there are multiple Brokers, the fee paid by BMC shall not increase.

    If a Borrower returns to do business with BMC:

• If the Borrower is brought to BMC by the broker, the above fee policy applies.
• If the Borrower comes directly to BMC but the Broker is not involved, BMC shall pay a fee to the Broker equal to .25% (25 basis points) of the loan amount.

Bay Mountain Capital’s Mortgage Broker Referral Policy is subject to modification at the discretion of BMC at any time.

Earn Money For Growing Our Network Through Hard Money Loan Referrals

Are you ready to be rewarded for bringing your deals to us? Bay Mountain Capital is always open to receiving referrals! We will pay 0.10% (10 basis points) of the loan amount for any referral that results in a closed loan, with a $300 minimum referral fee. Talk to one of our originators today to learn more about the benefits of working together with Bay Mountain Capital.

Bay Mountain Capital’s Mortgage Broker and Referral Policies are subject to modification at the discretion of BMC at any time.