Referring MLOs

With over 40 years of experience, we have built some amazing relationships with members of our industry. We work with other Traditional Mortgage Loan Originators (MLOs) and Real Estate Agents.

Broker Referrals:

Mortgage Loan Originators MLOs that have clients in need of Hard Money can refer them to First Security Mortgage and earn additional income. However, when referring deals that involve 1-4 Residential properties, the referring MLO must have both an NMLS and a BRE license (Sales or Broker).

All referral checks will be issued to the Licensed Broker of Record as we cannot pay a referral fee directly to an MLO that only holds a BRE Sales License.

Upon receipt of your inquiry a detailed Loan Proposal(s) will be emailed to you so you can review it with your client. Our office welcomes the opportunity to Match or Beat a competitor’s quote. 4.5% is the maximum points that we charge on Owner-Occupied Personal Use loans and we will pay the referring Broker 1/3 to 1/2 of the origination fee depending on the risk factors and collateral strength of the particular transaction.

Once your client accepts our loan proposal, you as the MLO will have to play an active role in the entire loan process so we are in compliance with RESPA. Sorry, we cannot pay a Referral Fee for simply being provided a name and number of your client.


Typically,an MLO that arranges traditional financing will already have a complete loan file, however we only need the initial information to provide a detailed Loan Proposal.

  1. Type of Transaction, Purchase or Refinance.
  2. Occupancy: owner occupied, non-owner investment, short term flip.
  3. Purchase Price or Current Owner Value.
  4. Property Address.
  5. Desired Loan Amount.

Upon receipt of the above information a detailed loan proposal will be sent to you for your review and revisions if needed.

Your broker referral check will be issued at closing.