Commercial Loan Referral Compensation
How do I get paid on Commercial Loans?
Joe Mardesich with M5 Commercial Funding briefly explains the opportunity in commercial lending and how you can get paid as a residential loan officer on a commercial loan.
In this short video, Joe discusses the following about Commercial Loan Opportunities:
- Commercial deals are EVERYWHERE
- Practically every building you drive by is financed
- There is no licensing or regulation for commercial mortgage brokerage in most states
- There are no disclosures since RESPA and TIL do not apply
- You can be paid directly and do not need to be paid through a licensed broker or entity in commercial