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All Forum Posts by: Tim Pagel

Tim Pagel has started 10 posts and replied 12 times.

Post: BROKERS: Need funds to close your deals?

Tim PagelPosted
  • Lender
  • Posts 15
  • Votes 1

[email protected] or you can set a time for a call that works best for you:  https://calendly.com/tim-facol...

Post: BROKERS: Need funds to close your deals?

Tim PagelPosted
  • Lender
  • Posts 15
  • Votes 1

Hi I'm Tim Pagel - I work for a nationwide (all states except UT, OR, SD, ND, MN & VT) lender that offers table funding for brokers and third party originators.  There are many benefits to originating 'Business Purpose' Residential RE Investor Loans using me as your wholesaler provider vs. consumer loans:

- No DTI ratios, No tax returns. We underwrite to the borrower's credit score and DSCR of the property/portfolio on a stand-alone basis.

- We will fund the entire loan balance! No more putting up the 'B piece' and limiting your origination capacity due to capital constraints. Save your business capital for your business and let us fund 100% your loans.

- YSP and Points paid at closing with no back-end loan performance risk. You focus on origination, get paid at closing, and let us worry about underwriting the files and placing the paper. No more stressing out about taking haircuts on originating loans in a rising rate environment, just focus on origination!

- Quick closing times: Loans close in as short as a handful of business days to around 30 days, typically.

- Repeat Business Opportunities with no ceilings: Help your RE Investor clients growing their flipping, rental portfolios and Ground-Up portfolios with no capacity constraints or number of properties owned limits

- White-Label your brand! Your marketing, our capital.

- Best in-class technology suite and loan submission portal: We have the best IT team in the industry and is constantly evolving and improving the portal to make your job easier as an originator. You will not be disappointed with our technology offerings.  

With your portal access you can originate and price loans, upload docs, order credit, appraisals, title/closings as well as be assigned your own loan coordinator & underwriter to get your loans closed.  

Contact me today for more info!  

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