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.
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.
Published facts
Loan size
$100,000 – $25,000,000
Max LTV
65%
Max LTC
80%
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.
Products
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