When does a broker actually get paid on a funded deal?
Most lenders pay within 15 to 45 days of funding, but the money is not yours until the clawback window on that product closes. The forecaster shows both dates: when the lender pays, and when the commission clears. Levr passes through 100% of what the lender pays.
What is an effective point, and why compare deals on it?
Effective points are your net commission divided by the dollars funded, times 100. A 12% ISO commission on a factor-rate advance and a 3% flat fee on a term loan look nothing alike until you convert both to points on the same funded amount. The forecaster does that conversion for every structure.
Why do draws and residuals change the number so much?
A line of credit pays on each draw, not once at funding. A residual structure pays a smaller amount every month the client stays in good standing. Both add up to more than the upfront figure over a year, and both are easy to under-forecast if you only count the first cheque.