The Bridge Loan Network lending portal is robustly unique. With just a click of a button brokers can submit loan packages that can be viewed by multiple lenders. Lenders, these deals must be fully completed before they are let into our portal meaning you don’t have to waste your time tracking poor leads. Our goal is to help lenders and brokers come together to get deals done, so we’ve put together this list of tips for how to best utilize our platform to be profitable.
Take a look at the list of items needed for 24-hour underwriting. Once you have these documents ready to go, head to the lending portal and submit the paperwork. The best part is, you only have to submit the loan package once and then it can be viewed by multiple lenders.
Like we said, our system is robust. The more information you provide, the better chance you have at capturing a lender’s attention. Make sure you are as thorough as possible. Include as much information about the loan request as possible. For example, don’t forget to specify the loan type, amount, purchase price and very importantly the borrower’s contribution and credit.
Time is money. Don’t wait for opportunities to come to you or waste time looking at poorly sourced deals. Log in daily to see multiple broker-submitted loan packages all in one place. Choose deals that are right for you and streamline your internal process. No more searching for paperwork, or requesting last minute information. Everything you need can be quickly accessed anywhere you have an internet connection.
Contact us today to demo our software and to learn about the features that can reduce your work load to make you more profitable!