Frequently Asked Questions for Broker & Referral Partners

Sign-up takes less than five minutes. Apply here to get started.

No. There’s no cost to sign up and become a partner.

Portal access is typically granted within 24 to 48 hours after your agreement is signed.

If you’re not sure whether you have an active account, email newpartner@loanspark.com and our team will check your status.

No. An NMLS license is not required to refer or broker deals with Loanspark.

Every partner has a dedicated point of contact. If you’re unsure who yours is, email partners@loanspark.com and we’ll confirm.

No. Loanspark is a direct private lending platform focused on real estate and business financing, not a wholesale lender.

Use our free loan calculators, no account needed. Once you’re a registered partner, you can also run live pricing through Scenario Intelligence in the partner portal.

Scenario Intelligence is Loanspark’s on-demand pricing tool, built into the partner portal. It lets registered partners price deals against our loan programs in real time.

Requirements vary by product, but most programs require at minimum four months of digital (not scanned) bank statements. Document checklists for each program are available in the partner portal once you’re signed up.

Deals are submitted directly through the partner portal.

Timelines vary by product. Short-term business loans and lines of credit can fund same-day in some cases. Real estate-backed products (commercial, residential investment/DSCR, rehab/fix-and-flip, ground-up construction) generally close in 21 days, with commercial closing in 3 to 4 weeks.

Programs, terms, and eligibility are subject to review.

Send us the details. Our team reviews scenarios individually and will let you know what’s possible.

Loanspark offers Short-Term Business Loans, Business Lines of Credit, Bank Term Loans, Commercial Property loans, Residential Investment/DSCR loans, Rehab/Fix-and-Flip loans, and Ground-Up Construction loans.

Minimum FICO varies by product, from 550 (Short-Term Business Loan) up to 660 preferred (Ground-Up Construction, Bank Term Loan). See individual program details for exact figures.

It varies by product: 6+ months for Short-Term Business Loans, 24+ months for Lines of Credit, and 36+ months for Bank Term Loans.

No. Our real estate-backed products are for investment properties only, not owner-occupied.

Yes. Multifamily is eligible under our Residential Investment/DSCR and Commercial Property programs, depending on unit count and property specifics. Send us your scenario for a specific answer.

1.1x preferred for Residential Investment/DSCR loans and 1.0x preferred for Commercial Property loans. No-ratio options are available for both.

Experience requirements depend on the specific deal and borrower profile. Send us your scenario and our team will confirm what’s needed.

Our Rehab/Fix-and-Flip program starts at $100,000.

Yes, through our Ground-Up Construction program: $200,000 to $3M, residential only, up to 4 units, US citizens only.

No, we do not currently offer equipment financing.

Certain specialty property types, including RV parks and standalone restaurants in most cases, fall outside our current programs. If you have a specific property in mind, reach out and we’ll confirm.

We lend nationwide, with a few state exclusions that vary by product (commonly AZ, ND, NV, OR, SD, and a few others depending on the program). Check individual product pages or ask your account manager for state-specific availability.

Rates vary by program, borrower profile, and deal specifics. Contact us or run your scenario through Scenario Intelligence for current pricing.

There’s no cost to sign up as a partner. Loan-specific fees (points, origination, and so on) vary by product and deal.

Loanspark is a commercial lending infrastructure platform that connects brokers and referral partners with business and real estate financing for their clients.

We work with mortgage brokers, commercial loan brokers, and referral partners whose clients need business or investment real estate financing.

As a direct private lending platform, Loanspark can offer more flexible underwriting and faster closing timelines than a traditional bank, particularly for real estate investment and business financing scenarios that don’t fit conventional bank criteria.

A DSCR (Debt Service Coverage Ratio) loan qualifies a borrower based on a property’s rental income relative to its debt obligations, rather than the borrower’s personal income. It’s commonly used for investment property financing.

A Business Line of Credit is a revolving credit facility that lets a business draw funds as needed up to an approved limit, rather than receiving a lump sum. Loanspark’s line of credit program ranges from $10,000 to $350,000.