Broker Program
The White-Label Lending Platform Built for Brokers
Sign Up in 24 Hours
Close more deals under your brand. We handle underwriting, funding, and servicing — invisible to your clients. You stay the relationship.
In Direct Lending Capacity
Average Bridge & Fix-Flip Close
Instant Pre-Qualification
Built for brokers who close real deals.
Six things our broker partners say keep them sending files to us instead of the lender they used last quarter.
01 / Comp
Real broker compensation
Earn up to 3 points YSP on the back end plus 1–2 points origination on the front. No artificial caps on broker fees for business-purpose loans.
02 / Capital
Direct lender, real capital
$500M+ in lending capacity with in-house underwriting and funding. Common-sense underwriting, not algorithmic rejections.
03 / Relationship
You own the client
You remain the primary contact through every file. We provide back-office support, underwriting, and funding — invisible to your borrower.
04 / Pre-Qual
Instant pre-qualification
Your clients get instant eligibility results and pre-qualification letters 24/7 through your branded portal. Conditional commitments after file review.
05 / Platform
White-label, no cost
Full-featured loan origination system with your branding. No setup fees, no monthly costs. Your logo, your domain, your client relationships.
06 / Support
Concierge AE support
Dedicated account executive on every file. Direct line to underwriting — no call centers, no ticket queues. One human contact, intake to funding.
Compensation
Get paid like a partner, not a vendor.
Brokers shop on numbers. So here they are. Up to 5 total points across YSP and origination on business-purpose loans, volume incentives that kick in at $5M closed in any rolling 12-month period, and no clawbacks on funded files. Final comp confirmed in your broker agreement.
Get Paid Like a Partner, Not a Vendor
- Up to 5 total points across YSP and origination on business-purpose loans
- Volume incentives kick in at $5M closed in any rolling 12-month period
- No clawbacks on funded files
- You remain the primary contact through every file
- Final comp confirmed in your broker agreement
Broker Compensation by Product
| Loan Product | Max Broker Comp | Funding Speed | YSP |
|---|---|---|---|
| DSCR 30-Fixed | 3.0 pts | 21 days | ✓ |
| Bridge / Fix & Flip | 4.0 pts | 10 days | ✓ |
| Hard Money / Asset-Based | 4.0 pts | 7 days | ✓ |
| Commercial Real Estate | 3.0 pts | 30–45 days | ✓ |
| Portfolio Loans | 2.5 pts | 30 days | ✓ |
Sign up in 24 hours.
Three steps, one business day, and you're sending files. No 60-page counterparty agreement. No multi-month vetting.
Requirements
- Active NMLS ID (for residential loans)
- Business license (commercial-only brokers)
- W-9 and signed broker agreement
01
Apply
Submit your NMLS info and W-9 through our broker portal. Takes about ten minutes. No application fee, no commitment.
02
Sign
Execute our broker agreement and E&O acknowledgment. Standard terms — your AE walks you through any questions on a 15-minute call.
03
Submit
Get portal credentials and start sending files the same week. Your AE assigned, your branded portal live, your first deal in pipeline.
Brokers across the country trust New Century with their files.
$180M+
Funded for broker partners in 2025 across DSCR, bridge, and commercial.
240+
Active broker relationships sending files monthly across 30+ states.
10 days
Average time to fund bridge loans, intake to wire.
"New Century's bridge desk closed our file in four days when two other lenders backed out at the last minute. The AE took my call on a Saturday."
Robin Frost · Title Works · Dallas, TX
"The white-label portal lets me run my brokerage like a lender. My borrowers think we're funding the loans. Two years in, I'm not going anywhere."
Robert Mercado · City Mortgages · Phoenix, AZ
Six products. One platform.
Every borrower you have.
Every card below is a product you can sell under your brand. Rate ranges and comp structure detailed in your broker pack.
— DSCR
Investor rental loans
Sell DSCR to investor clients who don't show income on tax returns. No-ratio programs available with the right structure. Priced to compete against Kiavi, Visio, and CoreVest.
— BRIDGE
Bridge & fix-and-flip
Fast, short-term financing for fix-and-flip and bridge files. Close in 10 days. Up to 100% of rehab costs financed with 4-day draw processing for your contractor clients.
— HARD MONEY
Asset-based lending
Loan decisions based on property value, not credit. The product to send when your borrower has the deal but not the FICO. Quick approvals for time-sensitive contract dates.
— PORTFOLIO
Portfolio rental loans
Consolidate 5+ rental properties into one loan for investor clients. Single payment, better cash flow, lower rates than the patchwork of individual mortgages they're stuck with.
— COMMERCIAL
Commercial real estate
5+ unit multifamily, mixed-use, office, retail, industrial. Financing for stabilization, value-add, and refi-out. Larger ticket sizes for your seasoned commercial clients.
— FORECLOSURE BAILOUT
Foreclosure bailout loans
Short-term, asset-based financing to pay off a defaulted mortgage and stop foreclosure on an investment property. Fast funding with a clear exit strategy — refinance or sale.
What brokers ask before signing up
The questions every new broker partner asks on the first AE call. If yours isn't here, call us directly.
How do I become a wholesale mortgage broker with New Century?
Submit your NMLS ID and W-9 through our broker portal, execute the broker agreement and E&O acknowledgment, and you'll have portal credentials within one business day. Most new partners send their first file the same week. No application fee. No commitment to send volume.
What is a white-label lending platform?
A white-label lending platform lets you run your brokerage like a direct lender — your branding, your portal, your client relationships — while the lender (us) handles underwriting, funding, and servicing in the background. Your borrowers see your brand throughout the process.
New Century's platform includes a branded portal at your subdomain, instant pre-qualification, document upload, and conditions tracking. Zero setup fees, zero monthly cost.
How much can mortgage brokers earn on DSCR and business-purpose loans?
Broker compensation on business-purpose loans (DSCR, bridge, fix-and-flip, commercial) isn't subject to the same caps as consumer mortgages under TILA-RESPA. With New Century, brokers earn up to 4 points combined across YSP and origination, depending on product. Top producers add volume incentives at $5M+ closed in a rolling 12 months.
See the full compensation table for product-by-product breakdown.
What's the difference between retail and wholesale mortgage lending?
In retail lending, the lender originates directly with the borrower. In wholesale lending, the lender (like New Century) works through licensed mortgage brokers who own the borrower relationship. The broker handles client acquisition and file submission; the wholesale lender handles underwriting, funding, and servicing.
Wholesale broker comp on business-purpose loans is typically higher than retail loan officer comp because brokers carry the marketing and acquisition cost.
Do I need an NMLS license to broker commercial or DSCR loans?
It depends on the loan and the state. Business-purpose loans (DSCR investor rentals, bridge, fix-and-flip on non-owner-occupied properties, and commercial real estate) are generally exempt from federal mortgage licensing under the business-purpose exemption. State licensing varies — many states don't require an NMLS for commercial-only brokers.
If you broker any residential consumer loans, you'll need an active NMLS ID. We accept commercial-only brokers with a business license; your AE will confirm what's required in your state.
How fast can New Century Lending close a bridge or fix-and-flip loan?
Average close on bridge and fix-and-flip files is 10 days from complete intake to wire. With a complete file and same-day appraisal access, we've closed in as little as 4 days. DSCR 30-year fixed runs 21 days average. Commercial real estate is 30–45 days depending on third-party reports.
What is YSP (yield spread premium) and do you pay it?
Yield spread premium is back-end compensation paid by the lender to the broker for delivering a loan at a rate above the lender's par rate. On business-purpose loans, YSP is allowed and not capped the way it is on consumer mortgages under Reg Z.
New Century pays YSP on every product. The exact spread is product-dependent and disclosed in your broker rate sheet.
What states does New Century Lending lend in?
New Century Lending LLC (NMLS #1740818) is a direct lender for business-purpose loans nationwide where the business-purpose exemption applies. For residential consumer loans, we are licensed in specific states — see our licensing page for the current state list.
Your AE will confirm program availability for any specific state and property before you submit.
Is there a minimum volume requirement to stay active?
No. We don't deactivate broker partners for low volume. Send one file a year or twenty a month — the relationship stays. Volume incentives unlock at $5M+ closed in any rolling 12 months, but there's no penalty for staying below that.
Stop sending your best files to lenders who don't show up.
Apply in ten minutes. Sign your agreement. Send your first file this week. No setup fees. No monthly costs. Just a better place to send the deals you're already closing.