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In our blog post, “Mortgage Brokers: Consider Diving into Commercial Loans,” we explained why rental loans are a fantastic loan product for residential mortgage brokers to add into their product offerings. Not only do rental loans have far less regulations, but they also typically close faster and offer more repeat business. So, if you’re now wondering where to find rental loan clients, we have good news for you. Often, residential mortgage brokers have investors in their current databases. Here are five questions you can ask your existing database to see if you can help them with rental loans:
Keep in mind, your database is just a starting point to look for investors; there are so many investors that could benefit from your services. On our Broker Resources Page, we have a whole section dedicated to “Finding Investors.”
Are you a mortgage broker and interested in adding Visio’s rental loans to your product offerings? Learn more about our Broker Program.