Top Loan Brokerage Services Companies
Loan brokerage services stand between a borrower and a field of lenders. A loan broker reviews the borrower's financials, decides which loan types and lenders fit, packages the application, submits it to several banks, credit unions, SBA lenders or private funds, compares the term sheets and steers the deal to closing. Business owners and property investors hire one when a bank has declined them, when the deal is unusual, such as a truck fleet, a construction loan or a mixed-use property, or when they lack time to approach lenders one by one.
Some listings here are direct lenders, not brokers. Check which a firm is, and read reviews for how many lender offers clients received and whether fees matched the quote.