How It Works

OUR COMMISSION STRUCTURE

Commission Breakdown

At WorkingMoni, we believe in transparency. Here's how commissions are structured for each party involved in a transaction:

Borrower: Saves 2% by working directly with us, without a real estate agent, broker, or loan broker

Borrower's Real Estate Agent, Broker, or Loan Broker: Earns 2% of the loan amount for facilitating the deal

Investor/Lender: Earns 2% of the loan amount when escrow closes

WorkingMoni: Earns 1% commission upon escrow closing

Note: Fees are negotiable and may vary depending on the specifics of the transaction.

Pros of Borrowing Without a Real Estate Agent, Broker, or Loan Broker

✓Save on fees (up to 2%)
✓More control over the process and decision-making

Cons of Borrowing Without a Real Estate Agent, Broker, or Loan Broker

✗Less professional guidance throughout the process
✗More work required on the borrower's part
✗Potentially missed opportunities or better deals from agent/broker networks

LOAN TYPES

Private

Commercial real estate financing provided by non-institutional lenders

Purchase: 1st or 2nd TD

Facilitates transitioning properties from distressed to stabilized or new construction

Cash-Out-Refinance: 1st, 2nd, and 3rd TD

Borrower takes a larger loan than their current mortgage and receives the difference in cash, replacing the old mortgage with a new, larger loan as the primary lien

Ground-Up Construction: 1st, 2nd, or 3rd TD

Financing for new construction projects from land acquisition to completion

Construction/Project: 1st, 2nd, or 3rd TD

Financing for new construction projects from land acquisition to completion

Mezzanine: 2nd or 3rd TD

Combined debt and equity financing, typically secured by a second lien (2nd TD) on property equity, and often used in real estate deals where it is subordinated to the primary mortgage

Bridge: 1st TD or Subordinate

Short-term first lien mortgage for purchasing or construction before long-term financing

Debt Service Coverage Ratio (DSCR): 1st or 2nd TD

Real estate loan based on a property's cash flow rather than the borrower's income

Rehab, Fix & Flip: 1st, 2nd, or 3rd TD

Finance for renovating or rehabilitating existing properties, usually short-term

Non-Performing Loan (NPL): 1st, 2nd, and 3rd TD

Loan where the borrower has failed to make scheduled payments for a prolonged period, typically 90 days or more, making it unlikely to be fully repaid

NPL Liquidation: 1st, 2nd, or 3rd TD

A loan tied to a property that is being sold to recover unpaid debt through the liquidation process

Note Assignment: 1st, 2nd, and 3rd TD

The transfer of a loan from one lender or investor to another as part of managing or buying/selling debts

PROPERTY TYPES

Res. 1-4 Units (NOO)

•Non-owner-occupied investment houses
•Single-family homes (e.g., duplexes, triplexes, fourplexes)
•Condominiums and townhomes

Commercial

•Apartments
•Office buildings
•Retail properties
•Mixed-use properties

Special Use

•Hospitality (e.g., hotels, motels, restaurants)
•Medical facilities (e.g., hospitals, clinics)
•Recreational properties (e.g., golf courses, theme parks)

Mixed-Used

•A combination of residential and commercial spaces in one property

Land

•Raw or undeveloped land
•Land for development (residential or commercial)
•Agricultural land

Industrial

•Warehouses
•Manufacturing facilities
•Distribution centers
•Heavy industrial properties

Fix-and-Flip

•Properties purchased to renovate and sell quickly

Have questions?

We‘re here to guide you every step of the way!