GPARENCY LAUNCHES NEW SERVICE TO HELP COMMERCIAL MORTGAGE BROKERS SECURE FINANCING ON BEHALF OF THEIR CLIENTS
For a low flat fee, Broker Assist provides brokers with underwriting and processing assistance for any commercial real estate transaction.
HOWELL, NJ, May 24, 2022 /PRNewswire/ — GPARENCEthe nation’s first commission-free commercial mortgage broker, announced the launch of Broker Helpa white label service for commercial mortgage brokers who need assistance in obtaining and underwriting commercial real estate mortgages.
Currently, many commercial brokers are struggling with high turnover and struggle to recruit and train staff to underwrite and process commercial mortgages. Broker Assist eases this burden by allowing brokers to access the prodigious resources and expertise of GPARENCY staff. GPARENCY will also identify banks willing to extend credit and provide detailed term sheets, with the most competitive rates, terms and structure, outlining the general financing structure of a transaction.
“Broker Assist is a completely behind-the-scenes operation that we run on behalf of commercial mortgage brokers who may need a helping hand securing financing for their clients,” said Ira Zlotowitz, founder and CEO of GPARENCY. “By buying the deal and providing the full strength of our underwriting and processing service, Broker Assist enables brokers to deliver a smooth and seamless transaction for any size transaction and any type of property. The best part is that brokers only spend a fraction of the cost of maintaining in-house staff.”
GPARENCY is a growing, membership-based, full-service commercial mortgage brokerage that provides borrowers with access to 3,000 lenders nationwide. While most commercial brokers charge commissions based on the size of a real estate transaction, GPARENCY clients pay a membership fee of $5,000 per year and a flat rate of $11,000 to fund and close deals of any size.
To register, go to gparency.com/brokerassist.
GPARENCY is a leading commercial mortgage brokerage firm built around a revolutionary membership model. This allows us to only charge a fixed fee, i.e. zero commission dollars. Based on more $100 billion in closing expertise, we manage your entire transaction, from underwriting, to competition creation, to placement, through to closing. And you never pay more than $16,000. To learn more about our revolution and the future of commercial real estate, contact [email protected].