GPARENCY has announced the launch of Broker Assist, a white label service aimed at assisting commercial mortgage brokers with securing and underwriting commercial property mortgages.

The new service was designed to provide commercial brokers access to GPARENCY staff expertise and resources, helping them address common issues such as high turnover rates and staff training and recruitment, a statement from the company said.

Through Broker Assist, the membership-based, full-service commercial mortgage brokerage will also identify banks that are willing to extend credit and provide detailed term sheets with the most competitive rates, terms, and structure, assisting commercial brokers with outlining the general financing structure of a deal.