Referral and Broker Partners

Three ways of working with Trophy Point

 

Referral Partner

Referral partners earn a flat fee for making an introduction. This involves simply making an introduction via email and copying the borrower. Referral paid upon loan/deal actually closing.

The referral is as follows:

  • $250 for total loan amounts below $250,000

  • $500 for total loan amounts greater than $250,000

Broker Partner

Being a Broker Partner involves a much greater compensation structure but requires additional paperwork and relationship activities to be managed on your part.

The duties of being a Broker Partner include:

  • Obtaining all necessary documentation regarding the loan request (asset info, personal financial statement, pay stubs, insurance docs, schedule of work, etc.…)

  • Communicating with your borrower on terms, conditions, and other loan-specific information.

  • Updating and ensuring your borrower adheres to timelines and other closing requirements.

The compensation structure is as follows:

  • Setting whatever points or fees you want ON TOP of the loan. We will honor whatever you negotiate with your borrower so long as your borrower knows that your fees go on top of our fees/points.

  • Typically, most brokers set a 1% fee for any loans they facilitate closing.

Deal Partner

Being a Deal Partner requires a high level of trust. Deal Partners are empowered to approve loans on behalf of Trophy Point with limited supervision. Final loan approval does reside with Trophy Point but you have the ability to directly influence the approval of a loan and directly benefit from a share or portion of the origination points.

This program requires you to invest at a minimum of $100,000 or 10% of your net worth into the Trophy Point Fund. You will earn a 10% preferred return on your investment, however, any losses stemming from loans you approve get deducted from your capital account.

Deal Partners are highly experienced in obtaining private loans, flipping or renting houses, and also have direct experience in being a borrower of private funds. Deal Partners must have done business with Trophy Point before, so please reach out to Dave and Nick if you desire to upgrade your relationship with Trophy Point.

There are currently three approved Deal Partners and we are seeking more in the following cities: Savannah, Nashville, San Antonio, Dallas, and primarily Southeast USA markets. Inquire about additional markets.