Rates
At Red Brick Funding, we believe in providing transparent and fair pricing to our clients. Our rates are competitive and we offer flexible repayment terms to fit your needs.
Here's how our rates work:
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Advances are based on a percentage of your expected commission. The percentage will be determined based on your financial situation and the advance amount you request.
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Our rates are fixed, meaning they will not fluctuate throughout the repayment period.
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Repayment terms are flexible and can be tailored to fit your needs. We offer short-term and long-term repayment options to ensure that you have the flexibility to pay back the advance on your own terms.
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If you have any questions about our rates or need assistance determining the best advance amount and repayment terms for your situation, don't hesitate to reach out to us. Our team is here to help you succeed in the real estate industry.
Contact us today to learn more about how our commission advance program can help you get the financial boost you need to grow your business and achieve your goals.
Closing Between
0 - 30 Days
Rate - 6%
Example:
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Your commission advance is $10,000
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Projected settlement is 0-30 days
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Your fee (Discount) would be 6% or $600
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Your advance would be $9,400
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
Closing Between
61 - 75 Days
Rate - 12%
Example:
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Your commission advance is $10,000
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Projected settlement is 61-75 days
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Your fee (Discount) would be 12% or $1200
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Your advance would be $8,800
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
Closing Between
31 - 45 Days
Rate - 9%
Example:
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Your commission advance is $10,000
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Projected settlement is 31- 45 days
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Your fee (Discount) would be 9% or $900
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Your advance would be $9,100
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
Closing Between
76 - 90 Days
Rate - 13%
Example:
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Your commission advance is $10,000
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Projected settlement is 30 days
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Your fee (Discount) would be 13% or $1300
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Your advance would be $8,700
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
Closing Between
46 - 60 Days
Rate - 10%
Example:
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Your commission advance is $10,000
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Projected settlement is 46-60 days
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Your fee (Discount) would be 10% or $1000
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Your advance would be $9,000
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays
Closing Between
91 - 120 Days
Rate - 17%
Example:
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Your commission advance is $10,000
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Projected settlement is 30 days
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Your fee (Discount) would be 17% or $1700
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Your advance would be $8,300
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At closing, the closing agent pays us $10,000
In addition to our low rates we also provide a free 15-day grace period from the closing date, to account for any closing delays