We offer our Realtor Partners “3” ways to work with Westar Lending Group:
- Affiliate Program (Simple Affiliate Program for Reciprocal Link and Lead Sharing)
- Partnership Program (Submit Declines or Hard to Fund Deals to Westar Lending Group to fund)
- VIP Partnership (VIP Private Referral Network, please call our office for Details)
Most of our company’s loans originate from our valued network of Realtor Partners. By referring your client that had their loan declined you can save the transaction, earn the Sales Commission and further earn a referral fee from us.
At Westar Lending Group, we’re committed to honoring our referral partners and paying out the best referral fees in the industry.
A loan referred to us might typically include the following:
- Executive Summary / Loan Scenario
- Completed & Signed 1003
- Recent Appraisal, if already completed
- Credit Report, if already pulled
- Preliminary Title Report, if already ordered
If none of the above items are available then all you need to do to find out if we can help you client is to give us a call.
We can usually give you a verbal up or down answer over the phone, followed by a Letter of Interest, within a few hours. Our funding is typically within “1” to “2” weeks on Private Equity loans and never more than “3” weeks on our Sub-Prime loan products. And, unlike many other Private Equity/Sub-Prime Lenders, we don’t force you to fill out a bunch of forms for the privilege of submitting your client’s information and doing business with us. We respect your time, and we make the loan process fast and easy.
We will consider both 1st & 2nd Trust Deeds on residential and commercial properties. Our typical maximum loan-to-value is 80% of the property’s appraised value, but we will consider higher LTV exceptions on a case by case basis.
Our lending programs provides for the following situations:
- The Buyer has income documentation problems
- The Buyer has credit problems
- The Subject Property is not up to institutional bank standards
At Westar Lending Group we won’t waste your time. If we can’t help your client, we’ll let you know right away. We work with numerous private investors and Wall Street funds that can provide the funds your Buyer needs to close escrow.
When the Big Banks balk make Westar Lending Group your first call every time at (888) 797-7970.