Overview
Broadmark (publicly traded as BRMK) handles larger commercial residential transactions with experienced underwriting.
Broadmark Realty Capital is based in Seattle, WA and was founded in 2010. They operate in Western & Midwest and offer fix-and-flip, bridge, new-construction financing. Their loan amount range runs from $100K to $25.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, new-construction |
| Geographic coverage | Western & Midwest |
| Loan size | $100K – $25.0M |
| Interest rate range | 10% – 13% |
| Origination points | 2 – 4 |
| Max LTV | 65% of ARV |
| Max LTC | 80% of cost |
| Term lengths | 6-18 months |
| Typical close time | 14-21 days typical |
Strengths
- large transaction capacity
- commercial expertise
- experienced underwriting
Ideal borrower
Larger commercial or new-construction investor
How Broadmark Realty Capital compares for Chicago investors
For Chicago metro investors specifically, Broadmark Realty Capital covers Chicago as part of a broader regional footprint. As an institutional non-QM lender, their underwriting is templated and predictable — fast for experienced borrowers, less flexible for non-standard deals.
Common alternatives in Chicago
- Renovo Financial — Chicago-based, deepest local knowledge
- Kiavi — Tech-forward national leader
- Lima One Capital — Broad product suite, BRRRR-friendly
- Easy Street Capital — STR-DSCR specialist
Broadmark Realty Capital FAQ
Depends on coverage area — Broadmark Realty Capital is based in Seattle, WA and serves Western & Midwest.
Broadmark Realty Capital's indicative rate range is 10%–13% with 2–4 points. Pricing depends primarily on funded-deals history, deal leverage, and exit certainty.
Broadmark Realty Capital's typical minimum loan is $100K, with maximum loan size up to $25.0M.
Broadmark Realty Capital's typical close timeline is 14-21 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
Broadmark Realty Capital offers fix-and-flip, bridge, new-construction financing.
Larger commercial or new-construction investor
This review is an independent directory listing. Hard Money Chicago is not affiliated with Broadmark Realty Capital. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.