Loan Brokerage definition

Loan Brokerage. : Loan Brokerage means any person who, for a compensation or in expectation of a compensation, regardless of the form or time of payment, solicits or causes to be solicited through express or implied representations, borrowers or lenders or negotiates loans or collects payments or performs services for borrowers or lenders or note owners in connection with loans secured directly or collaterally by liens on real property or on a business opportunity;
Sample 1

Examples of Loan Brokerage in a sentence

  • The exact amount of the Loan Brokerage Commissions are negotiated with prospective borrowers on a case by case basis.

  • The Loan Brokerage Commissions shall be capped at 4% of the Partnership's total assets per year.

  • The Loan Brokerage Commission shall be capped at four percent (4%) per annum of the Partnership's assets.

  • Redwood Mortgage, an affiliate of the General Partners, will receive Loan Brokerage Commissions for services rendered in connection with the review, selection, evaluation, negotiation and extension of the Mortgage Investments from borrowers.

  • The terms of the Formation Loan are not the result of arms-length negotiations and accordingly, in the event of default, a conflict of interest would arise on the General Partners part in connection with the enforcement of the Formation Loan and continued payment of other fees and compensation to Redwood Mortgage, including, but not limited to, the Loan Servicing Fee and the Loan Brokerage Fee.

  • In an effort to partially resolve this conflict, Redwood Mortgage has agreed that Loan Brokerage Commissions shall be limited to four percent (4%) per annum of the Partnership assets (See "COMPENSATION OF THE GENERAL PARTNERS AND AFFILIATES" and "INVESTMENT OBJECTIVES AND CRITERIA - Loan Brokerage Commissions").

  • Any increase in the Loan Brokerage Commission charged on loans may have a direct, adverse effect upon the interest rates charged by the Partnership on loans and thus the overall rate of return to Limited Partners.

  • The most significant items of compensation assuming the Maximum Offering is raised, are as follows: In connection with the selection and arrangement of the Mortgage Investments, Redwood Mortgage will receive Loan Brokerage Commissions which amounts are negotiated with prospective borrowers on a case by case basis.

  • In the event of default in the payment of such loan a conflict of interest would arise on the General Partners part in connection with the enforcement of the loan and the continued payment of other fees and compensation, including the Loan Brokerage Fee and Loan Servicing Fee, to Redwood Mortgage.

  • The Loan Brokerage Commissions will be paid by the borrower through the title company or escrow agent at the close of escrow.

Related to Loan Brokerage

  • Loan broker means any person who, for compensation or gain, or in the expectation

  • Funding and Brokerage Fees means, in respect of a Series, all applicable fees other than the Arranger Fees, including, but not limited to, margin interest, securities lending fees, brokerage fees and costs of transaction taxes on the sale or purchase of Reference Assets (where relevant).

  • Brokerage Fee means the fee payable to the Broker for the purchase by any Person of Interests in an Initial Offering equal to an amount agreed between the Managing Member and the Broker from time to time and specified in any Series Designation.

  • Morgan Stanley Broker means a broker-dealer affiliated with Morgan Stanley.

  • Brokerage means the provision by a third party of services, for a fee, to source Sub-Contractors to provide the Services on behalf of the Provider.

  • Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.

  • Mortgage broker means any person who for compensation or

  • Seller’s Broker means CB Xxxxxxx Xxxxx.

  • Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.

  • Data Broker means either of the following:

  • Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

  • Customs Broker means that individual, partnership, entity or corporation licensed by the Canada Border Services Agency, or other authorized body, to engage in the business of a customs broker and who is named as the Customs Broker in the Agency Agreement and Power of Attorney.

  • Finder means a person who, for consideration, participates in the offer to sell, sale, or purchase of securities by locating, introducing, or referring potential purchasers or sellers. Finder does not include a person whose actions are solely incidental to a transaction exempt pursuant to section 202(1)(r). The administrator may by rule or order exclude other persons from this definition.

  • Brokerage services means those activities identified in sections 543B.3 and 543B.6.

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Brokerage agreement means a written or oral agreement

  • Introducing Broker means a third party who introduces prospective Clients to the Company.

  • Customs Broker Agreement means an agreement in form and substance reasonably satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees to hold and dispose of the subject Inventory solely as directed by the Agent.

  • Pawnbroker means the same as that term is defined in Section 13-32a-102.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Landlord’s Broker means the individual or corporate broker identified on the Basic Lease Information sheet as the broker for Landlord.

  • Goldman means Xxxxxxx, Sachs & Co.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Loan Origination Fee means the fee charged by the

  • Real estate brokerage activity means any activity that involves offering or providing real estate brokerage services to the public, including:

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.