For my DSCR loans, I operate under a white label broker program, ensuring that Dominion Financial Services (DFS) remains uninvolved in the transaction's visibility. Specifically, DFS will not be listed on the settlement statement, and borrowers will not receive any communication from DFS. Our role in the transaction remains anonymous, eliminating the need for broker protection on future deals.

 Hard Money Loans (direct only) –

Contrastingly, my hard money loans do not employ a white label program, meaning DFS's involvement is transparent in these transactions. DFS will appear on the settlement statement and will also service the loan directly, as we are a balance sheet lender who retains our hard money loans rather than selling them.  We do have some aggressive offerings on the hard money side.  Things that are generally a fit for me from brokers would be bridge/construction loans on apartment buildings, I do also lend on some land development (assuming the land is already entitled), I do a lot of ground up construction.  I selectively accept brokered hard money loans on an individual basis with the following conditions:

1. If a deal is brokered through me, I ensure the broker's fee is included on the settlement statement.
2. I will create an account in my system for the transaction, which is secured to prevent access by my loan officers to the customer's information.
3. Despite having dedicated marketing and sales teams targeting every investor without restraint, brokering a loan to us does not prompt our retail team to contact your borrower. Should the borrower independently seek a future loan with us, they would be considered a new client without reference to the original brokered deal, meaning no broker fees will be owed for that transaction.
4. Many brokers maintain a broker agreement with their clients. While this is advisable, it is also essential to consider the cumulative cost of our services. To ensure competitiveness, we require an understanding that your broker agreement will not obligate the borrower to compensate you for future transactions brokered to Dominion.
5. Direct communication with the borrower is mandatory, given the substantial nature of the funds being lent. This policy is in place to ensure clarity and transparency in all dealings.