What are IRESE Brokers?
IRESE offers new opportunities to earn recurring commissions for mortgage bankers, mortgage brokers, real estate agents and brokers, and financial advisers with:
We work with Mortgage Bankers and Brokers, who are seeking to finance their real estate loans or portfolio of loans and exposed to price declines of the underlying properties that secure their mortgages.
We work with Real Estate Brokers and Agents, who are seeking to finance their client purchases or help property owner with access to cash or home equity protection.
We work with Stock Brokers and Financial Advisers, who advise their clients on financial portfolio allocation and risk management,
IRESE provides access to a new option for investment consideration, diversification, and cash out alternatives.
IRESE offers
Home Equity Protection Plan to protect your clients' home equity. Consider these reasons to offer equity protection plan to your clients:
- Your client plans to refinance the mortgage in 5 years and worries that the value of the home will fall below the mortgage principal
- Your client plans to sell in 7 years and needs to preserve the down payment and protect the equity made on their home
In essence, your client’sexposure to real estate market price fluctuation is minimized with IRESE’s
Home Equity Protection Plan.
Learn more
IRESE offers a
Future Equity Agreement to provide interest-free cash today in exchange for a share in the future equity of the property. Consider these reasons to offer this agreement to your clients:
- Typical homeowners hold about 30% of their net worth in their homes through equity with no possibilities for diversification and limited options for liquidity
- To unlock the home’s equity, a homeowner is required to sell their home prematurely, or take out expensive reverse mortgages or home equity loans.
By signing a
Future Equity Agreement, property owners can unlock the future value of their homes today and receive immediate cash with no payments. As a broker you are compensated based on commission as a percentage of the agreement value.
Learn more
IRESE offers another option to finance mortgages at the most competitive rates. Consider these reasons to use IRESE’s
Mortgage Financing to finance your clients’ mortgages:
- Homeowners receive a competitive rate set by the market, based on the property and borrower risk profile
- IRESE’s Mortgage Financing provides an alternative to government mortgage financing with no restrictions on the borrower’s profile
- You are compensated once financing is complete and every month when property owners make their mortgage payments, providing you with a recurring stream of revenue
Learn more about Mortgage Financing
What are the characteristics of a successful Broker?
Successful Brokers have a lower default rate and higher funding rate on their property owners' financing.
Brokers are rated by the collective Note repayment performance of their financing, and each Broker's rating is displayed on the site.
How are Brokers rated and ranked?
Brokers are rated by a Broker rating system which is visible to everyone on IRESE.
A Broker's rating is a measurement of the collective repayment performance of the Broker's products originated at IRESE.
Learn more about Broker ratings.
How do I become a Broker?
You will start by providing some basic information about your company, including a Broker name, Tax Id, linceses, a Broker description, and a longer description telling the market more details about your entity.
Once your Broker information is complete, all of this information will be sent to IRESE's Broker Services team, who will review your Broker application,
and make a decision on your Broker application within a few days.
Learn more about editing your Broker profile.
Click here to apply for a Broker account.
Are there any limitations on Brokers?
Broker are bound by the terms of the Mortgage Financing Broker Agreement,
Future Equity Agreement Broker Agreement and Home Equity Protection Plan Broker Agreement.
They must also familiarize themselves with IRESE's Rules for Broker policies located on IRESE's policies page.
Broker may only one account on IRESE market.