Broker Requirements

We're looking for people who want to make a positive difference for their customers. Below is a list of requirements to become approved with Parkside Lending as a Broker.

  • 620+ credit score for all owners with 5% or more ownership interest in the company
  • No current or pending litigation that would adversely affect the ability to fund loans or run the business
  • Fully executed broker agreement/contrac
  • Minimum 2 years industry experience
  • Three lender references in good standing
  • No derogatory information listed on MARI
  • No derogatory items listed on state license
  • Meets minimum net worth as required by state licensing with
  • 100% of minimum held in cash or equivalents
  • Must be licensed in any state where loans will be originated
  • Must carry a NMLS endorsement for the company, branch and each individual loan originator
  • Physical location verified by Account Executive visit
  • Business license must be in the state where main office is located
  • May not be on any exclusionary list for any Parkside investor
  • Errors & Omissions Policy - Please provide a copy of the policy or declaration page. The requirement is the greater of $0 or the amount your state licensing requires. We reserve the right to require more if deemed necessary.
Become an approved Parkside Partner

New Client Information Form

New Client Information Form

Contact Information

Company Information

Company Owners

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