Don’t get brokered, get TermSt.!

At TermSt., we believe that this business needs more fiduciaries and fewer brokers.

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About TermSt.

TermSt. was founded as an alternative to the traditional mortgage broker. The TermSt. platform allows commercial real estate borrowers to develop a loan offering memorandum, solicit offers, negotiate and close loan directly with a lender of their choosing. It is “Do It Yourself” mortgage banking but with a huge assist from our technology.
Traditional mortgage brokers charge between 0.50% and 2% of the loan amount to create a marketing package, facilitate offers and assist in the closing of the loan. Additionally, these brokers receive kickbacks from the lenders they place the loan with which typically adds another 0.25% to their fees, but sometimes can be as much as 1-2%. Most times, their clients are not aware of these fees.
At TermSt., our fees are transparent. Our borrowers pay no direct fees to use our marketplace. When a loan closes, the lenders on the marketplace include a servicing strip in the loan dependent on the loan size. For any loan over $10 million, the servicing strip is equal to 5 basis points (0.05%). See our Fee Agreement here. The value of this servicing strip is approximately equal to 0.25% of the loan amount which is a substantial discount to the traditional brokerage fees of 10%. We guaranty in writing and our lenders disclose in your loan application the total amount of any fees paid.
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Fast

Less than 30 minutes to submit a complete loan application. Loan proposals received in less than 7 days
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Secure

Private, Controlled Marketplace Hosted on Amazon Servers.
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Savings

Our Typical Borrower Saves $75,000 per transaction