Brokers

A great deal of our business comes from mortgage brokers and as such we protect those relationships. Here is what you can expect from us:

• Create a commercial letter of agreement that you can take to your customer and have them sign. The loan officer will help you determine what is fair to charge the customer and let you know what is normal for a similar transaction. Your fees are now protected. You can use your own letter of agreement if you prefer.
• Analyze the transaction and prepare it to be underwritten.
• Give you a list of documents and stipulations needed to be completed to close the loan.
• Order all of the due diligence items including the appraisal and title work.
• Close the loan.
• Most importantly, make sure you are paid.

Please call one of the loan officers to discuss a deal.

Mike Brewer
Carteret Commercial Division Loan Officer
(540) 548-1001 x105
Toll Free: (800) 710-6762 x105