Our model is simple, yet sophisticated. First, we underwrite the old-fashioned way, establishing relationships with good credit borrowers who want to do repeat business. We only loan on a first lien position basis and on deals that make sense for the borrower and the community. We have also built systemized processes utilizing modern technology for quick-close transactions. Our team members are proud of their role in revitalizing communities and encouraging home ownership as well as increasing the supply of entry-level housing in our country.
Seeking to only underwrite solid loans, Brookview has developed rigorous proprietary underwriting criteria and processes. In underwriting loans, Brookview conducts a comprehensive review of both the prospective borrower as well as the specific property. We only make loans to borrowers with strong credit records and that are collateralized by residential properties in loan amounts not exceeding 70% of the After-Repair Value.