Lender profile
Broadmark Realty Capital
hard money · Seattle, WA · founded 2010
No verification date on file. The figures below have not been re-checked against a published source — read them as reported, not confirmed, and verify directly with Broadmark Realty Capital before relying on them.
Broadmark Realty Capital merged into Ready Capital Corporation in May 2023, and the BRMK ticker was retired; new originations now run through Ready Capital, so anyone shopping a rental deal should confirm current DSCR terms directly with Ready Capital. The figures on this page — up to $25,000,000 in loan size at up to 65% LTV / 80% LTC — describe Broadmark's pre-merger program and are kept for reference only, not as live rental-loan terms. Broadmark Realty Capital is a hard money lender, founded in 2010, headquartered in Seattle, WA, describing its footprint as "Western & Midwest".
For a rental investor, the products on file are fix-and-flip, bridge, new-construction. On the deal itself, Broadmark Realty Capital publishes loan sizes from $100,000 to $25,000,000 and leverage up to 65% LTV / 80% LTC.
Broadmark Realty Capital merged into Ready Capital Corporation in May 2023, and the BRMK ticker was retired; new originations now run through Ready Capital, so anyone shopping a rental deal should confirm current DSCR terms directly with Ready Capital. The figures on this page — up to $25,000,000 in loan size at up to 65% LTV / 80% LTC — describe Broadmark's pre-merger program and are kept for reference only, not as live rental-loan terms. Its figures on this page carry no verification date, so they are reported as published rather than independently checked — verify directly with Broadmark Realty Capital before relying on them.
Published facts
Loan size
$100,000 – $25,000,000
Max LTV
65%
Max LTC
80%
Rate range
10% – 13%
Points
2 – 4
Terms
6-18 months
Close time
14-21 days typical
Broadmark Realty Capital does not publish a state-coverage count. Its stated geographic focus is "Western & Midwest" — a description of intent, not a confirmed licensure claim.
Verification record
Reviewed Sep 25, 2026
✅ Corporate record confirmed — merged into Ready Capital Corporation (NYSE: RC). 10-Q filed Aug 8, 2023 .
Ready Capital's 10-Q states that on 31 May 2023, Broadmark Realty Capital Inc. completed a merger in which it merged with and into a Ready Capital subsidiary, which remained a wholly owned subsidiary of Ready Capital.
Prior filer: Broadmark Realty Capital Inc. (NYSE: BRMK) — 10-Q filed May 9, 2023 . Broadmark filed as its own SEC registrant through its final 10-Q before the merger closed.
⬜ Published criteria not yet independently verified — the figures on this page are reported as published, not checked against a dated source.
⬜ Regulatory complaint check — not yet run.
What Broadmark Realty Capital has not published
Publishing lending criteria is optional, and plenty of good lenders choose not to put every figure in writing — so read this as a list of what to ask Broadmark Realty Capital about, not as a criticism. Of the 11 criteria categories this directory tracks, Broadmark Realty Capital has not published 5:
- Minimum credit score (22 of 38 lenders here publish it)
- Minimum DSCR (18 of 38 lenders here publish it)
- Origination channel (17 of 38 lenders here publish it)
- State-coverage count (14 of 38 lenders here publish it)
- Entity / vesting requirement (3 of 38 lenders here publish it)
Products
- fix-and-flip — short-term financing for a purchase-renovate-resell project, sized against the finished value rather than the purchase price alone See the glossary entry.
- bridge — short-term financing meant to be replaced by a permanent loan once a condition — renovation, lease-up, sale — is met
- new-construction — financing for a ground-up build rather than a renovation of an existing structure
Strengths
- Loan sizes historically up to $25,000,000
- Commercial and new-construction capacity
- Now operating under Ready Capital Corporation post-merger
- Figures shown are pre-merger — verify current terms with Ready Capital
Who this lender suits
An investor researching Broadmark's legacy large-balance commercial and new-construction program, who should confirm any current rental financing directly with Ready Capital
Deal scenarios Broadmark Realty Capital clears
Broadmark Realty Capital does not clear the numeric threshold on any of the 119 deal scenarios this site tests, at least not from what it has published on record — and its figures carry no verification date, which alone keeps every scenario in the "has not published this" bucket rather than "clears it" . That is a statement about what Broadmark Realty Capital has put in writing, not about whether a deal with it is financeable — the only way to find out is to ask.
How Broadmark Realty Capital compares
Broadmark Realty Capital is not among the 9 lenders this site runs head-to-head comparison pages for — that roster is chosen by brand-name search volume in Search Console, not by hand-picking who looks good next to whom. The full directory lets you set Broadmark Realty Capital's published figures side by side with any other lender's profile directly. Open the directory.
Ownership and status
Ownership & status
Broadmark Realty Capital merged into Ready Capital Corporation in May 2023, and the BRMK ticker was retired; new originations now run through Ready Capital, so anyone shopping a rental deal should confirm current DSCR terms directly with Ready Capital. The figures on this page — up to $25,000,000 in loan size at up to 65% LTV / 80% LTC — describe Broadmark's pre-merger program and are kept for reference only, not as live rental-loan terms.