Earning Potential

Understanding your earning potential within the Bridging and Commercial markets can sometimes be a complex issue – commissions can vary considerably and often depend on borrower status and the terms of the mortgage or short term loan.

However, within this sector there are uniquely two opportunities for the broker to earn fees because when placing a Bridging loan brokers will normally not only receive a commission and/or broker fee from the bridging loan lender but also a proc fee and/or broker fee from the long term re-mortgage used to re-pay the bridging loan.

Brokers are then in a position to earn both from satisfying their clients short term need and also from satisfying their longer term requirements.

As an example, Link Lending will include a broker fee (deducted from the loan with the amount determined by the broker but is usually between 1% and 2.5%) and pay a 1% commission/proc fee on top. Where the exit is through a commercial mortgage, the term lender will likely pay a further commission/proc fee when the bridge is redeemed.