Introducers

IntroducersWhether you're a Mortgage Broker, IFA, Affiliates or purely generate secured loan and mortgage leads, you've made the 1st step toward forging a successful partnership with Lodhi Finance Limited.

We are an independent loans and mortgage packager based in Gillingham but with full UK coverage. We search whole of market prodiucts to find the best possible secured loan or mortgage rates of your clients both prime and sub-prime products. We are FISA Registered and fully Authorised & Regulated by the Financial Services Authority (FSA 313701).

Lodhi Service

Our directors have over 30 years experience in handling your secured loan and mortgage business and with such a wide and varied panel of lenders, we are confident that if we can't place your enquiry, no-one can.

Our Loan Advisers are highly experienced with all lender's criteria and this multi-lender ability allows them to place your enquiries with the right lender from the outset. It also means that irrespective of the lender, your enquiry will remain with the same Loans Adviser giving you a regular and consistent point of contact. In our experience this is the only way a long-term relationship can develop. All our mortgage advisers are CEMAP qualified and use the latest sourcing software to find most appropriate products for your clients.

Whether you submit secured loan or mortgage enquiries (or both) we always ensure that you are kept fully updated on the progress of each application by providing you with a weekly report either by post or email whichever you prefer.

Lodhi Commission

Lodhi Finance pay the highest commissions in the industry and are happy to do so as we recognise the value of our introducer relationships and want to ensure that you will use Lodhi Finance limited as your secured loan and mortgage partner over and over again.

We share all commissions & broker fees on a 50/50 basis less our costs for valuation & BSQ costs and our average commission to introducers is 1510 per completed case. Look at the following example to see how much you could earn!

Total commission received 

3500

Less Valuation (Hometrack)

28

Less BSQ

100

Sub-total

3372

50% TO US

1686

50% TO YOU

1686

All commissions are paid to you 48 hrs after completion by BACS or cheque whichever your prefer.

Secured Loan versus Remortgage

If your core business is 1st charge mortgages you may not be familiar with secured loans and the advantages they hold over a remortgage. Secured loans have many benefits and will prove to be a valuable addition to your product portfolio.

  • Decisions made quickly and completions usually within 3 to 4 weeks.
  • Max 1 months penalty interest plus 1 months notice on ALL secured loan amounts,.
  • There are no valuation fees payable by your clients.
  • There is no legal process, so your clients do not need a solicitor. 
  • Your clients avoid heavy redemption penalties by choosing a secured loan rather than a remortgage.

10 More Reason to use Lodhi Finance:

  1. It's easy to submit your client application details - either by fax, email, phone or using our online application.
  2. You are assigned your own dedicated Loans Advisor/Mortgage Adviser.
  3. We offer an extensive panel of lenders catering for all circumstances, including clients with adverse credit and self-employed without proof of income.
  4. We GUARANTEE no clawback on commission.
  5. We GUARANTEE no cross-selling of other products. Any payment protection sales are left to you.
  6. We provide a fast turnaround on all cases received and usually issue an offer to your clients within 24 hrs.
  7. We pay the highest commissions in the industry with our average commission to introducers being 1510 per completed case.
  8. Your commissions are paid within 48 hrs of the loan completing.
  9. There is no agency fee payable by you and no minimum volumes to achieve.

To register as an introducer simply download & complete the online Agency Form (PDF) and submit with a copy of your Consumer Credit License. We then allocate a unique Agency ID reference number for you and we're in business!

Have a look what some our existing introducers have to say about us in our testimonials section

For more information call Alex Lodhi today on PHONE 01634 280404 or complete the Partnership Enquiry form online and we will be pleased to contact you

 

 

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