15 Sep A Must-Read for NMLS Licensed Loan Originators
Is there anything more frustrating than having to walk away from a deal because you aren’t able to finance it? As it turns out, there is a way to salvage the situation—not just for your customers, but for you, too.
Here’s a closer look at this exciting opportunity for savvy NMLS licensed loan originators.
When Traditional Financing Fails
While traditional financing works for many residential and commercial real estate investors, it doesn’t always come through. While this is upsetting for buyers, sellers, and realtors, it’s also an unhappy outcome for loan originators anxious to close the deal.
The latest research shows that even creditworthy buyers are struggling to find traditional mortgages in today’s market. The data further indicates that more people are turning to alternative financing than was previously estimated—as many as 36 million people across the country have used alternative financing to purchase real estate. As interest rates continue to spike, this number will only continue to grow.
Save the Deal—and Your Investment
As an NMLS licensed loan originator, not making it to the finish line of a deal because your company is unable to finance the loan can be an incredibly frustrating experience. However, you don’t have to walk away empty-handed.
This is where Commercial Capital Investor Group (CCIG) comes in. A commercial and investment real estate financing company, CCIG specializes in securing financing for the residential and commercial real estate market when banks, credit unions, and conventional lenders aren’t unable to.
While CCIG has the capacity to meet diverse lending needs, they need something to make that happen: clients. To that end, our referral system comprises a robust network of relationships with realtors, lawyers, and loan originators.
A Powerful Partnership for NMLS Licensed Loan Originators
When a member of our professional network refers a client to us, we pay them a referral fee that helps recoup what they’d lose by walking away. This process also creates a supplementary income stream when lending rates are high—an especially valuable arrangement in today’s volatile real estate market.
At CCIG, we’re proud to offer fast and flexible financing solutions for real estate investors who might otherwise be unable to achieve their goals. We’re also proud of our trusted relationships with the real estate industry partners who help us connect with clients in need of the innovative services we provide.
If you’re interested in becoming part of this network, we’d love to hear from you. To learn more about this unique opportunity for NMLS licensed loan originators, contact us at CCIG today.