Referral Program
For realtors, mortgage brokers and real estate professionals
Earn up to 50bps on each closed loan you refer
Tap into your existing network of property investors
Send your clients to our simple loan application
The more you refer, the more you can earn
New Silver’s referral program is tailor made for realtors, mortgage brokers and other professionals that have access to a network of property investors that can benefit from industry leading closing times.
New Silver is a tech-focused loan originator with loan programs built specifically for real estate investors. In essence, we provide hassle-free access to capital and lightning fast closing times.
How It Works
1. Apply To Referral Program Online
Complete the online application form. Once approved, you will be issued with a unique tracking link.
2. Send Clients To Apply For A Loan
Send clients to our loan app using your unique tracking link. This automatically tracks loans which stem from your client base.
3. When A Loan Closes, You Get Paid up to 50bps
When a loan is issued to one of your clients, you get rewarded with a payout of up to 50bps.
About New Silver
New Silver's mission is to help improve local communities by providing fast, convenient and flexible capital to real estate investors. New Silver was the first to market with a real-time pricing engine for investment property loans. The engine uses data to provide instant online loan approval, a term sheet, and proof of funds so that our clients can start making offers within minutes.
Our data-driven approach also provides quantitative tools for investors to use in their decision-making. We have created a place where investors can find profitable investment properties using data and insights, and then get funding for their real estate investments, all within the New Silver online platform.
Eligible Loan Products
The following investment property loans qualify for New Silver's referral program
Fix & Flip
Purchase and rehab loans for residential fix and flip
Get up to $5,000,000
Interest rate 9.25 - 11.25%
Origination 1.25 - 1.75%
Up to 100% construction
Appraisal cost refunded on brokered deals
Up to 50bps Referral Fee
DSCR
30 year fixed product for stabilized properties
Get up to $3,000,000
Interest rates from 6.125%
Origination 1 - 2%
No minimum DSCR
Appraisal cost refunded on brokered deals
Up to 50bps Referral Fee
Ground Up
Construction loans for residential builders
Get up to $5,000,000
Interest rate 9.75 - 11.5%
Origination 1.5 - 2%
Up to 24 months
Appraisal cost refunded on brokered deals
Up to 50bps Referral Fee
Please Note - New Silver's Referral program is available to licensed real estate and financial services professionals only.
Frequently Asked Questions
If you are a realtor, a mortgage broker, or a real estate professional, this partnership (Referral) is the right one for you. If you are a lender and have the ability to service loans and work with borrowers through the life of the loan, then please check out the White Label partner program. If you are a brand or publisher, the Affiliate program might be a fit for you.
No. We only finance business purpose loans for non-owner occupied residential properties.
Yes.
Read more here.
Additional Benefits For Your Clients
Fast
Closing
New Silver offers industry leading loan turnaround times. Our closing speed is second to none.
Instant
Term Sheet
Your term sheet is generated instantly during the online application process.
Excellent
Rates
Our interest only fix-and-flip loans offer competitive interest rates, ranging from 9.25 to 11.25%.
Repeat
Client Discounts
Get steep discounts on origination fees and interest rates for continuing to work with us.
Quick
Application
The 100% online application is short and simple. It can be completed in 5 minutes or less.
Interest Rate
Lock
Once the term sheet is signed, the interest rate is locked in for the duration of the loan.
Quick
Feedback
Our customer care team and loan advisors provide quick feedback to all messages.
Minimal
Paperwork
Our streamlined loan app requires minimal paperwork to complete. It’s quick, easy and 100% online.
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