Membership Fees

The membership fees are determined by the number of users (Acquisition Agents (AA)) your organization plans to add to the member account. You can opt for either annual or quarterly payment plans, with the pricing structure outlined above for your convenience.

MRAM Purchased for Transactions

Download Fee for Loan Proposal: $50.00

Commitment Between Lender/Broker Fee: $300.00

MRAM serves as our internal credit system, designed to enhance the speed and efficiency of transactions within the platform. Each MRAM holds a value of $1.00 USD. Lenders are required to possess 50.00 MRAM ($50.00) per transaction to initiate the downloading of loan proposals that are in the MAMRAMIM marketplace, where Brokers anonymously upload for Lenders to bid on.

Each loan proposal remains open to receive bids for a maximum of 72 hours before expiring. That said, if a proposal is attractive and the Lender is aggressive, acquisition of a loan proposal could happen quickly.

Upon reaching an agreement between a Broker and a Lender within the bidding engine, both parties will sign a "Commitment". It's essential to note that this "commitment" does NOT constitute A LOCK; rather, it signifies a shared commitment to exert "best efforts" in meeting the agreed-upon terms.

At this stage, 350.00 MRAM ($350.00) will be deducted from the Lender's MRAM balance. The Lender commitment fee is $300.00. At the time of commitment an additional 50.00 MRAM ($50.00) will be temporarily placed on "hold." This hold is lifted once the Lender/AA returns to the bidding engine and marks the transaction as "funded" or "canceled;" as well as rates their experience with the Broker.

Upon rating, the 50.00 MRAM previously on hold will be released back to the Lender’s MRAM ledger.

NOTE: If the transaction is NOT rated within 30 days of the transaction being marked “funded” or “canceled” the Lender will forfeit the held MRAM.