USD 10 Billion+
Volume of Closed Transactions
50+
Years of Combined Experience
1000+
Number of Closed Transactions
100+
One-Stop Access to 100s of Lenders
A big thanks for negotiating my first agency loan! The real cornerstone of the deal, the lender who made this deal possible: Peak Financing.
I want to give a shoutout to Peak Financing. Not only did they have a shortened timeframe after switching to them from the original mortgage broker well into the contract, they overcame several major hurdles.
Peak Financing did a great job! Really on top of every detail.
FAQS
Our fees start at $30k flat with "add-ons". This is designed in order to price our services in proportion to the work being done. Most lenders & brokers use a flat percentage, but in our opinion a larger loan does not necessarily require more work and thus a higher fee. This allows us to dynamically price based on complexity, while also starting at a lower cost than most of our competitors.
This can be a very long-winded discussion, but we'll give you our top 5 reasons.
1.Preventing the "bait & switch" of lenders quoting terms that are completely unrealistic, only to re-trade you once they have your business.
2. Preventing loan proceeds from dropping during lender due diligence, this is achieved through monitoring and understanding the lender's process.
3. Ensuring a fair rate lock often by preventing lenders from padding your spread with a "yield spread premium". This is common with multifamily correspondence lenders and is only prevented by monitoring the markets as well as having a deep understanding of the process.
4. Identifying the most suitable lender for your deal by shopping the market.
5. Avoiding hostile terms by leveraging our decades of experience.
Yes, you can "wing it" but you are better off delegating this process to your debt broker.
No, sorry we are not that type of "broker".
However, we are able to provide feedback & debt quotes when you are underwriting a deal, even pre-LOI. This will give you an edge in your underwriting and provides a realistic outlook for the funding process.