Apply to become an EC TPO Wholesale Broker
As a Mortgage Lender, Excelerate Capital establishes relationships with Wholesale Brokers Brokers. These relationships represent doing business in states where the Wholesale Broker and EC are appropriately licensed.
Wholesale Broker Eligibility
Please see the following eligibility criteria. If you meet the requirements, the formal wholesale broker application form is available via the link below.
Wholesale Broker Application Form
- Minimum adjusted tangible net worth equal to a minimum of $50,000. Exceptions are available on a case by case basis.
- Demonstrated profitability in the last full year and current year to date. Exceptions are available on a case by case basis.
- Properly licensed in good standing and authorized to conduct business.
- 620 FICO score for any individual owners with more than 10% ownership interest
- Company in existence for 2 years or 5 years’ experience for principals
- Maintain a good reputation as confirmed through references and background check.
- Maintain a “good standing” rating with all governmental licensing and revenue collection agencies.
- Maintain a public record clear of any civil or criminal judgments.
- Errors and Omission (E&O) Insurance, as defined by state requirements where licensed.
- Fidelity Bond, as defined by state requirements where licensed.