Broker’s
Referral Program
ENROLLMENT KIT
About Brookview Financial
Anthony J. Funaro President and CEO
Call toll-free today! (877) 734-2211 or visit us online at:
www.brookviewfinancial.com
B
rookview Financial is a National rehab lender, specializing in forming successful financing and mentoring relationships with rehab investors at all levels of experience.As a “relationship” lender, we believe that it is just as important for borrowers to know their lender, as it is for us to know our borrowers. After all, the ability to make “quick-close” offers without financing contingencies is dependent upon the swiftness and reliability of the investor’s capital. An investor‘s reputation is built on being able to close quickly with confidence! Since 1992, our mission at Brookview Financial has been to support our
customers’ success. We offer multiple programs designed specifically for the rehab investor that include features such as:
No payments for the first 6 months
Closing in two weeks or less
Credit lines for repeat customers
No pre-payment penalties
Loans up to 70% ARV
We also pledge full customer care and support throughout the entire process, assigning a National Account Manager, who is accessible from the pre-qualification stage to closing for
each borrower. In establishing a relationship with Brookview Financial, investors will find a lender who understands the steps to
successful rehabbing. Providing prompt and reliable capital fuels the growth of our clients’ business; business that we aim to support with industry knowledge and outstanding
customer service.
The success of our rehab investors, coupled with the strength of capital we provide as a direct lender, achieve a shared and ultimate goal; of revitilizing communities, encouraging home ownership and increasing the supply of affordable housing nationwide. We invite qualified investors to join us in this endeavor.
Who We Are
Quality Service
Alabama California Colorado Connecticut Delaware Florida Georgia Illinois Indiana Kentucky Louisiana Maine Maryland Massachusetts Michigan Ohio Utah Minnesota Missouri New Hampshire New Jersey New Mexico New York North Carolina Oklahoma Pennsylvania Rhode Island South Carolina Tennessee Texas Virginia Washington D.C. Washington Wisconsin STATES MississippiBrokers
Connect with Brookview
Why join the Brookview Financial Broker Referral Program?
It’s
EASY!
ONE-TIME
Prequalification!
COLLECT
residual income for years!
PERSONAL
support from Brookview!
Our program has been designed to provide borrowers accross the country with unique rehab lending options to meet the specific needs of their rehab clients.
A Win-Win Situation!
By becoming a member of the Brookview Broker Program,you are able to connect your rehab clients with a National direct lender that provides fast, reliable capital and encourages the rebuilding of distressed properties in U.S. communities. We value our broker circle and are committed to engaging in professional and successful partnerships. You can rest assured that your client is in good hands -- Brookview has a long history of financing rehab
investors NATIONWIDE, and we know what it takes for real estate investors to succeed!
Fill out the Broker AgreementFill out the Pre-Qualification Worksheet
When your referred client closes a loan, COLLECT INCOME!
3 SIMPLE STEPS!
Questions? Call (877) 734-2211 or visit us online at www.brookviewfinancial.com
85%
85%
90% 95% 100%
90% 95% 100%
100% 100% 100% 100%
100% 100% 100% 100%
4 5
7
14.99% 14.99% 14.99% 14.99%
14.99% 14.99% 14.99% 14.99%
70% 70% 70% 65%
70% 70% 70%
675 700+
675 700+
Core 85 Leverage 90 Leverage 95 Leverage 100
Ultimate
Advance %:
Rehab %:
Points*:
Interest:
(No payments
for 6 months)
LTV:
Credit**:
Rehab Financing Options
* Points minimum $2500. Points reduced with repeat business. **Under 640 credit considered on a case-by-case basis. *** Terms subject to change at the sole discretion of Brookview Financial. Loan approvals are subject to our standard underwriting criteria and due diligence.Call us Toll-Free at (877) 734-2211
www.brookviewfinancial.com
Rehab Program Options
Building your Rehab Business with Options
Simply stated - Every real estate investor has financing needs.
At Brookview Financial, we understand that and have created
four investor options that range from 85% - 100% financing!
And, as always, all options feature:
Benefit from the great reputation and service our borrowers depend
on nationwide. Contact us today to discuss how we can help take
your rehab business to the next level. Discover the Brookview Difference.
No interest payments for 6 months
Two-week closings
No prepayment penalty ever
Fast Rehab Funds
(Financed)
6
(Based on
After-Repaired Value)
4 5 6
Option 1 Option 2 Option 3 Option 4
(on total
project costs)
640
640
640
640
7
65%
65%
Rehab Program Guidelines
Brookview Financial
Call us Toll-Free at (877) 734-2211
www.brookviewfinancial.com
Whether you are a novice or an experienced rehabber,
we have a loan program to fit your business goals!
e in name of business entity.
GUARANTEE: Personal guarantee required; clos
QUICK FUNDING: Once a borrower has been approved, funding of individual transactions is typically in two weeks. No borrower re-qualification is required for subsequent transactions. PROPERTY TYPE: Residential 1 - 4 Family, non-owner occupied . Small apartment and
condo conversions on a case-by-case basis.
LIEN POSITION: First mortgage only.
RENOVATION
FUNDS: 100% of renovation funds are typically advanced in 1 to 4 draws. Once inspector certifies work is done, funds are wired within 24 hours directly to the investor’s account.
No payments for 6 months.
INTEREST PAYMENTS:
PRICING OPTIONS: We have various pricing options based upon experience, financial condition and
projected loan volume (See “Rehab Program Options”).
LINE TERM: Up to 24 months renewable thereafter with limited credit review.
LOAN TERM: 6 months, extendable for up to 13 months.
ADVANCE RATE: Options from 85% to 100% of project costs. Minimum loan amount $25,000. LTV: Up to 70% of After-Repaired Value.
QUALIFYING
DOCUMENTATION: Brookview Rehab Loan Application including:
LOAN
DOCUMENTATION:
(For each loan)
•
• Two years Tax Returns (both personal and business)Three months Bank Statements (both personal and business)
• Entity documents (EIN #, Certificate, Articles of Organization/Operating Agreement) • Purchase Agreement (signed by both parties)
Place Your Rehab Loans
Brookview
with
And see the benefits:
Finance up to 100% of acquisition and rehab costs!
LTVs up to 70% After-Repaired Value
Easy - You complete the referral form, we do all the rest!
Lending in 37 states and growing!
Receive 25% of points collected (equates to 1 - 1.75% points to you)
Great residual income opportunity!
Loans on residential (1-4 unit), non-owner occupied properties only
Our clients are “A” clients. 640+ FICO. Once the rehab is complete,
we refer them back to you for refinancing. Get paid on both ends!
Once approved, we close in 2 weeks or less!
We welcome both novice and experienced rehab clients
Your client can do multiple deals - and you get paid on every deal!
Brookview Financial - the Nation’s Premier Rehab Lender
CALL TOLL-FREE TODAY
(877) 734 - 2211
or visit us online at:
www.brookviewfinancial.com
Will your borrower qualify?
To Qualify
About our loans:
No payments for 6 months!Points and interest can be financed into the loan.After-Repaired-Value (ARV): Will loan up to 70% ARV.
Rehab: 100% renovation funds are escrowed and wired directly to the borrower’s account upon completion of each rehab phase.
Flexible Term: 24 months renewable thereafter with limited credit review
The pre-qualification worksheet included in this packet helps us expedite the qualification of your referred borrower. It takes just a few minutes to complete!
Use the below information as a qualification quideline
to see if Brookview Financial is a good match for your borrower!
Credit Score: Minimum of 640 to qualify Total Liquidity: Minimum of $20K
Property: Brookview finances ONLY residential, non-owner-occupied investor properties. No new construction, raw land or mobile homes.
Beginner-Friendly: Yes, we will finance new rehab investors!
Includes Liquid Assets: All verifiable bank accounts, CDs, marketable securities, cash value of life insurance, etc.
Includes Available Secured Credit: Unused Home Equity Line or other Secured Credit Lines.
This does not include 401k accounts or other retirement accounts.
Pre-Qualification
BROKER REFERRAL PRE-QUALIFICATION WORKSHEET
FAX: 203-907-4588, PHONE: 877-734-2211 ext. 333
BROOKVIEW FINANCIAL, ATTN: Broker Department DATE: __________
Broker Contact Name: Broker Email:
Broker Phone Number: Broker Fax Number:
Borrower Info: Name: Address: City: Phone: Email: State: Zip:
Financial Details: Other Information:
*Cash & Liquid Assets?
(Stocks, Bank Accounts, CD’s, Mutual Funds) Do they Own their own Home? Equity Available? Do they currently have a HELOC (Line Amount)? How much Available? Own additional properties? How Many? Equity Available? Revolving or Credit Card debt? If Yes, how much?
Employment Status and Annual Income
Additional Information & Comments:
YES NO YES NO YES NO YES NO Full Self $ $ $ $
Form must be completed by referring broker. Forms faxed to and completed by referral will not be eligible.
*Borrower Credit Scores: 640 Minimum Score to Qualify
Have they had any rehab experience? YES # of years ___ NO # of properties in past year? Do they have a Deal Right Now? YES NO Closing Deadline?
Property can not be Owner-Occupied.
Single Family 2-4 Family 5-Plus Condo Conversion Other Property Location:
Please include State(s)
Property Info: (Current Deal Info Target Deal Info )
Type of Property: Purchase Price:
After-Repair Value:
Rehab Cost (if any): Dates & Deadlines:
