Overview

The Loan Placement Agent allows advisors to offer credit solutions for their clients. The types of loans that are processed through the Agent range from a standard single-family home mortgage to a complex debt facility for a business. Most frequently, advisors leverage the Agent to provide Securities Backed Lines of Credit (SBLOCS), Mortgages, Home Equity Lines of Credit (HELOCS), and Commercial Term Loans.
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Advisors can request loans through the Agent by simply describing what is needed. As if they were talking to a local banker. The Agent will then ask the appropriate series of questions to automatically match the credit characteristics across many lenders to find and suggest the best funding source for the loan product. The Agent interface can also directly sort, collect, and send document requests as needed to complete the loan package. The Placement Agent is used to expedite and ease the lending process for the client and the advisor.