RBP Term and Conditions

These Terms And Conditions for Referral Business Partners RBP

REI is in the business of originating, processing, funding, closing commercial real estate loans” CRE” and Business Propose loan products for Real Estate Investors and Private Business Owners, and funding commercial Loan and  Private Money aka “HardMoney” through its network of capital partnerships.  Referral Business Partners, “RBP” who refer business to REI, have the desire to submit Real Estate Investment Loan, CRE Commercial Loans, Business Loans to REI from time to time for consideration by REI. (“Party or Parties”) wish to establish a nonexclusive relationship whereby RBPs submit commercial, business loans opportunities through REI Private website portal “Submit Loan” on new potential business lending opportunities for possible funding. In consideration of the mutual covenants and conditions contained herein and for other good and valuable consideration, the Parties agree as follows:

RBPs will be required to sign REI Registration and Commission Package, which includes Personal Back Group, No Fraud Tolerance, ACH with Canceled Check and Commission Referral Agreement.  New Loan Submission, All new Business, Commercial and Private Loans are subject to the terms, conditions and limitations contained in this Agreement, RBPs agree to submit to REI New Loan Team, Loan opportunities for review, and REI Loan Team will determine if loans met certain requirements for acceptability  of REI Investors  capital markets, from time to time, RBPs agree to assist REI Loan Team with gathering certain loan documents and information from borrowers to get loans ready for underwriting and “CTC” Clear To Close. RRPs agree and acknowledge that REI Loan Team will have the final sole decision to determine if any new loan has the funding merits and lending conditions to determine if any Business, Commercial or Private loan is subject to a full underwriting process. RBPs will not represent that REI has approved or will approve any Loan(s) until REI Senior Loan Team staff officially provides RBPs “CTC” in writing. REI is the business of producing all types of Business loans, private loans, Bridge Loans, Fix and Flips, DSCR, New Construction, Acquisition or Recapitalization Loans, Stalled Instruction, Rescue Capital, Land Deal Capital, Domestically and Internationally, and under no circumstances is obligated to accept any loan regardless of type or size of loan.

 Nothing in this Agreement shall be construed RBPs are agents, employees, representatives, joint venture, or partner of REI. RBP will be paid as a W9, and shall be deemed to be independent contractor, agent, or representative of the loan applicant, all Loan Application will be taken by REI Loan Team staff. RBPs agree not to represent or imply to any Borrower that REI is a direct lender or have any funding authority to fund, disburse and funds on any loan, or have the capacity to make any loan decisions, including any representation that RBP’s office is an office or branch of REI. RBP under any circumstances have no authority to bind REI to any loan commitment or make promises to any client that REI will fund the loan.

 Compensation to RBP, Referral Fees will only be paid to RBPs on closed loans, under no circumstances will REI advance any fee or commission to RBP, all referral fees will be directly deposited within 2 days to RBP’s banking account via ACH. All payments will be made via ACH0, RBPs must provide a VOID check to REI where referral fees will be deposited. Under no circumstances REI will NEVER advance any referral fees on any pending to close loans, RBPs, waives and relinquishes any and all claims against REI of any wrongdoing concerning loans that can’t close for any circumstances, referral fees shall represent the fair market fees based on the type and size of loan. It is agreed and understood that REI is relying on the accuracy of the information submitted by RPPs.