ICS LENDING PARTNER
You work exclusively with ICS
ICS Lending Partners work exclusively with ICS and are considered independent contractors working under the ICS corporate brand or in partnership with ICS using their own company name. ICS Lending Partners are provided with everything needed to hit a minimum loan volume goal of no less than $3MM per month in funded loans. ICS Lending Partners have access to property owner contact leads and attend our weekly team Zoom calls on Tuesdays and Thursdays when available.
INDEPENDENT BROKER
Non-exclusive
Independent Brokers can submit loans to ICS for funding. ICS then arranges financing, including loan structuring, processing, underwriting, and lender placement. When you submit a loan to ICS, you can immediately schedule a loan review call to discuss the loan requirements in detail with an ICS Senior Team Loan Advisor. All client information is confidential and Independent Brokers are always protected. Independent Brokers do not have access to the ICS Funding Platform, training, or marketing tools and resources.
ICS Lending Partner vs. Independent Broker
| SERVICES PROVIDED | INDEPENDENT BROKER |
ICS LENDING PARTNER |
| COMMISSION SPLIT ON LOAN ORIGINATION POINTS Brokers earn 1% - 2% of the gross loan amount not exceeding 50% of total loan origination points. |
 |
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| YSP COMMISSION ICS Lending Partners earn 50% of lender paid YSP when available based upon the funding lender. |
NO | |
| COMMISSION SPLIT INCREASE ICS Lending Partners commission split increases to 70% once they have exceeded $360K in gross commission on an annual resetting basis. |
NO | |
| LOAN PROCESSING & UNDERWRITING | |
|
| LENDER LOAN PLACEMENT ICS handles all loan placement with our institutional and private capital partners. |
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| LOAN DASHBOARD & FUNDING PLATFORM ACCESS | NO | |
| ONLINE TRAINING & CERTIFICATION | NO | |
| WEB APPLICATION | NO | |
| LOS WEB SOFTWARE | NO | |
| MARKETING BROCHURES | NO | |
| FORMS LIBRARY | NO | |
| PROPERTY OWNER CONTACT LEADS | NO | |
| DATA SERVICES - PROPERTY RADAR | NO | |
| WEEKLY WEBINARS | NO | |
| DEDICATED SENIOR ADVISORY TEAM | |
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| ICS EMAIL Available for ICS Lending Partners approved to do business exclusively with ICS. |
NO | |
| WHITE LABEL ICS Lending Partners can work under their own business name if not working under the ICS corporate brand, |
NOT APPLICABLE |
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| CONTRACTUAL AGREEMENT 90-DAYS This is a 90-Day contractual agreement renewing month-to-month after the initial 90-Day period. |
NO | |
| ICS FUNDING PLATFORM / DESK FEE ICS charges ICS Lending Partners a one-time $100 set-up fee + a $95 monthly Lending Platform Fee billed every 30-days. This includes loan processing, underwriting, loan placement, property owner contact leads, ICS email, and unlimited access to online training, tools, resources, and support. |
NO | |