For commercial mortgage brokers
A bigger book without a bigger team.
You are not short of lenders. You are short of the hour it takes to work out which of them this particular deal clears — so it goes to nine, six were never going to take it, and the three who might are reading a package with a hole in it.
Relendi screens the deal against the criteria you keep on every lender in your book before you send, and assembles the file from the address while you do. Know before you send is the whole product.
Six questions, asked of every lender in your book.
- Loan size$6.4M
Do they write cheques this big?
- Leverage70.3% LTV
Will they go this high against the value?
- Coverage1.47x DSCR
Does the rent cover it by enough for them?
- Asset classMultifamily
Do they lend on this kind of building?
- GeographyNY
Do they lend here at all?
- Rate typeFixed
Do they write the rate the deal is asking for?
3 of your 9 clear this deal. These are the calls worth making.
- Harbor Point SavingsSavings bank · $2.0–15.0M
clears your criteria — Loan amount within lender's range · LTV (70.3%) within comfortable range · DSCR (1.47x) above minimum
- Kestrel Community BankCommunity bank · $1.0–8.0M
clears your criteria — Loan amount within lender's range · DSCR (1.47x) above minimum · "Multifamily" is a preferred asset class
- Beacon Hill MutualMutual savings · $1.0–12.0M
clears your criteria — Loan amount in sweet spot of lender's range · LTV (70.3%) within comfortable range · DSCR (1.47x) above minimum
The other 6 are not on the list, and that absence is the answer — the screen stops at the first question a lender fails, so they never reach you. The six gates are your own routing notes: size, leverage, coverage, asset class, geography, rate type. A lender's underwriting policy — what happens to the deal after it lands — is theirs, and you do not see it here or anywhere else.
A fictional deal, a fictional book. The coverage question screens on an estimated debt constant rather than each lender's own rate floor and amortisation — so this is a screen, not an underwrite, and a lender that clears it can still come back with conditions.
| Lender | Loan range | Max LTV | Min DSCR | Result |
|---|---|---|---|---|
| Harbor Point SavingsSavings bank | $2.0–15.0M | 80% | 1.25x | Cleared |
| Kestrel Community BankCommunity bank | $1.0–8.0M | 72% | 1.20x | Cleared |
| Arbor Ridge Credit UnionCredit union | $1.5–10.0M | 70% | 1.30x | Caught · Leverage |
| Sound View CapitalLife company | $10.0–60.0M | 75% | 1.20x | Caught · Loan size |
| Gulfstream Bridge PartnersBridge lender | $2.0–25.0M | 80% | 1.10x | Caught · Geography |
| Meridian TrustRegional bank | $3.0–20.0M | 75% | 1.35x | Caught · Asset class |
| Cornice Debt FundDebt fund | $2.0–30.0M | 75% | 1.50x | Caught · Coverage |
| Beacon Hill MutualMutual savings | $1.0–12.0M | 78% | 1.25x | Cleared |
| Tidewater MutualSavings bank | $2.0–18.0M | 68% | 1.20x | Caught · Leverage |
The deal asks $6.4M against a $9.1M value — 70.3% leverage — on $612,000 of net operating income, which screens at 1.47x against the criteria in each row. Arbor Ridge is out by three tenths of a point of leverage and Cornice by three hundredths of a turn of coverage. Neither is a call you would have known not to make — which is the whole argument, and why we are showing our working rather than asking you to take the count on trust. In the portal you would see the three that cleared; these six are printed here, not there.
“Another CRM I have to feed.”
Fair. Every system ever sold to a brokerage has been a filing cabinet you keep by hand, and it decays the moment you get busy — which is the exact moment you needed it. So here is the whole of what you type, and the whole of what shows up without you.
What you type
The address
1220 Nostrand Ave. That is the entire intake step — one line, then the file starts filling.
The ask
What they want to borrow, and what the building earns. Two numbers you already said out loud on the call.
A forwarded email
Send the client thread to your crm- address, or BCC it. No mailbox connection, no OAuth screen, no permissions dialog for your inbox.
The documents you already have
Rent roll, operating statement, appraisal. Drag them in once, in whatever shape the borrower sent them.
What arrives without you
- Assessed and estimated value
- Flood zone
- Demographics and household income
- Open violations
- Environmental flags
- Permit history
- Rate context
- The client, filed on their own customer record
- The thread, threaded by subject
- Last-contacted date, moved
- Rent-roll and operating-statement figures, each carrying the page it came from
- Due-diligence items, ticked by the document that satisfies them
- LTV, DSCR and debt yield
- The loan the deal actually supports, and the constraint that held it there
Twelve feeds on a New York deal; Florida county appraiser feeds join on Florida ones. Where a figure cannot be established, the file says so rather than guessing — a missing appraisal is a missing document, not a judgement about a borrower.
AI in the loop, never in the chair.
Your name is on the package. So the model is not allowed anywhere near the part of it you would have to defend.
What it reads
The rent roll, the operating statement, the appraisal, the personal financial statement, the bank statements. It pulls the figures out with the page they came from attached. That is the part of packaging that is transcription, and it is the part nobody should still be doing by hand at 11pm.
What decides
A deterministic engine. Sizing takes the lowest of the constraint ceilings the deal implies and names the one that binds. Same inputs, same answer, every time — reproducible with a calculator when a borrower asks you where the number came from.
What you send
Whatever you press send on. The model drafts the memo and the outreach email; you read them, change them, and own them. No AI output moves a deal's status, prices a loan, or emails a lender by itself.
The package that doesn't bounce.
A package comes back for the same handful of reasons every time, and none of them are interesting: a value nobody filled in, a sponsor with no track record attached, coverage computed on a rate that was never stated. Each one costs a week and a little credibility.
So the deal is checked against itself before it goes. Three checks stop a send — the ones where the file is objectively wrong, not merely thin. Everything else is advisory: it tells you what a lender will ask, suggests the fix, and gets out of the way.
That split is deliberate. Software that blocks a broker at six on a Friday is software a broker routes around by Monday.
Stops the send
- Loan amount presentThe figure the package is built on.
- Supported value presentWithout it, leverage cannot be computed.
- LTV under 100%A package with impossible numbers must not leave.
Advisory — send anyway, with the fix in hand
- Sponsor experienceNothing on file. The first question a credit officer asks.
- Rate assumedNo stated rate — coverage was computed on a platform assumption.
- Borrower declarationsAnswered. Judgments and bankruptcy both clear.
- Coverage sanity1.47x on the stated figures. Above 1.00x, not thin.
0 blocking · 2 advisory — this package can go.
And the checklist keeps itself
Due-diligence items are satisfied by the documents that satisfy them. Upload a rent roll and the rent-roll item ticks; a T-12 closes the operating-statement line; bank statements close the liquidity one. Items the application already answers are closed from the deal data rather than asked for twice. What is left on the list is genuinely outstanding, which is the only way a list stays worth reading.
One thread per lender. Replies land on the deal.
Each lender on a deal gets its own reply-to address. When they answer, the message is appended to that deal's thread and you are notified — not buried between a newsletter and a calendar invite. Six weeks later the whole correspondence is still on the deal, in order, for whoever asks.
The lender needs no account, no password and no portal. They reply to an email, the way they were going to anyway.
deal-rx-3140-lender-harbor-point@deals.relendi.com
The address is the routing. That is the entire mechanism, and it is why a lender who has never heard of us can still reply into your deal file.
Then compare them on five-year cost, not teaser rate.
Sixty months of interest with the interest-only period honoured, plus origination, exit and application fees. Three sheets on the same $6.4M loan:
| Offer | Monthly | Fees | 5-yr interest | 5-yr total |
|---|---|---|---|---|
| 6.60% fixedCommunity bank30-yr am · 0.25 pt | $40,874 | $16,000 | $2,050,398 | $2,066,398cheapest |
| 6.35% fixedCredit union30-yr am · 2.25 pt + $15,000 app | $39,823 | $159,000 | $1,970,046 | $2,129,046 |
| 8.25% floatingDebt fundInterest-only · 1.00 pt + 0.50 exit | $44,000 | $96,000 | $2,640,000 | $2,736,000 |
The 6.35% sheet is twenty-five basis points cheaper and $1,051 a month lighter. Over five years it costs $62,648 more, because $143,000 of that saving was paid at the closing table. Now you can show your client the arithmetic instead of asking them to trust your instinct.
Prepayment cost at year three and year five is computed separately and is not in these totals.
Everything above has a category name.
You have been pitched all four of these. We are not going to name anyone — read the claims, decide how much of each you have already bought, then read what is actually here.
“Deal management for brokers”
A pipeline board you update by hand, which is accurate right up until the week you are busy — and the week you are busy is the week it matters.
What is actually here
The file assembles from an address, a forwarded email and the documents the borrower already sent. The board reflects what arrived, because nothing arrives by being typed in.
“Lender matching”
A directory search over profiles lenders filled in at signup and never touched again. It returns everyone, ranked by nothing you can inspect.
What is actually here
A screen against the routing criteria you keep on each lender — size, leverage, coverage, asset class, geography, rate type — asked in a fixed order. The lenders that clear come back with the reasons they fit. The ones that don't simply are not on the list.
“AI-powered packaging”
The model writes the summary and the numbers along with it, and you find out which figure it invented at the committee meeting.
What is actually here
The model reads documents and drafts prose. A deterministic engine sizes the loan and names the binding constraint. Every extracted figure carries the page it came from.
“Free to try”
Free until the one feature you actually need to close a deal, which is behind the tier above yours.
What is actually here
Free to run every deal, permanently — including the ones you close with lenders from your own book. A success fee applies only when a lender we introduced funds one.
Free to run. A fee only when we actually found you the lender.
Running deals costs nothing — onboarding borrowers, assembling packages, screening your book, sending, negotiating, closing. That is not a trial. Deals you close with lenders from your own book are $0, permanently, on every plan.
There are two matching surfaces and the difference between them is the entire pricing model. Screening your own book is yours. “Find me a lender” reaches Relendi's network, contact details unlock when you choose to engage, and that is the moment an introduction is recorded. If one of those introductions funds, we get paid.
of the funded loan, on an introduction we made
floor — small deals do not get punished
cap — large ones do not get taxed
On a $5,000,000 loan that is $7,500 — roughly 15% of a typical 1% broker fee, and foldable into the deal's closing costs the way placement fees already are. Nobody you invite pays anything: a borrower, a co-broker, a lender, title or counsel all get full processing and AI on that deal at no charge. The plan limits, and the subscription that removes them, are on the pricing page — nothing you must do to close a deal sits behind either.
What brokers ask in the first ten minutes.
Do I have to move my lenders onto this?
No. Your book stays your book. You enter each lender's routing criteria yourself — or import the whole book from a spreadsheet and let AI research the publicly stated lending criteria for the names you have nothing on file for — and screening runs against those. To be exact about what those criteria are: they are your own notes on your own contacts, covering loan size, leverage, coverage, asset class, geography and rate type. They are not a lender's underwriting policy, which stays confidential to that lender whether or not they are on Relendi. Deals you close with lenders from your own book are free, on every plan, forever.
How much data entry is this really?
An address and the ask. Property intelligence pulls valuation, flood zone, demographics, violations, environmental flags, permit history and rate context from twelve feeds on a New York deal. Documents you upload are read, and the figures come out with the page they came from attached — which also ticks the due-diligence items those documents satisfy. Client email is filed by forwarding or BCCing it to your crm- address, with no mailbox connection.
Does the AI decide anything, or email lenders on my behalf?
No to both. AI reads documents and drafts prose — the memo, the outreach email. A deterministic engine sizes the loan and names the constraint that binds. You review and you send. Nothing goes to a lender that you did not press send on, and no AI output changes a deal's status.
What does it cost?
Running deals is free. Relendi charges a success fee only when a deal funds through a lender we introduced: 15 basis points of the funded loan, with a floor of $2,500 and a cap of $25,000. On a $5,000,000 loan that is $7,500 — roughly 15% of a typical 1% broker fee, and foldable into the deal's closing costs. Deals closed with lenders from your own book are $0. Anyone you invite to a deal — borrower, co-broker, lender, title, counsel — has full processing and AI on that deal at no charge.
Does a lender need an account to receive a package?
No. A deal package goes out as ordinary email with its own reply-to address for that deal and that lender. When they reply, the message lands on the deal and you are notified — they never see a portal, never create a password, and never learn that their reply was routed. If they do open a workspace later, the thread is already there.
What is this not?
It is not a lead source. We do not promise you deals, volume, or qualified borrowers, and there is no counter on this page pretending otherwise. It is the packaging, screening and sending layer between a deal you already have and the lenders who might actually take it.
What you won't find on this page.
No broker logos and no testimonials, because the brokers running deals here have not agreed to be printed on a marketing page. No lead-volume promise, no “qualified borrowers”, no closed-loan counter, no accuracy percentage. Every figure above is either arithmetic you can redo against the sample it sits on, or a description of code we will walk you through on a call. We are an early platform running real deals in New York and Florida, and the fastest way to find out whether that is enough is to put a live deal through it.
Put your next deal through it before you send it.
Bring an address and the lenders you already know. If the screen tells you something about your own book that you did not already know, the rest of the platform is worth twenty minutes of your afternoon.
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