Looking to get into Commercial Loan Brokerage coming from 8 years as a commercial lender
A partner in a loan brokerage firm I have been doing deals with for the last 5 or so years. The firm is fairly small, two partners and maybe 4-5 brokers but they are fairly successful. The partner that offered me the job should pull in $2.5MM this year. They offered me $25M to tide me over until the commissions start coming in. 

I currently work for as a commercial lender for a large regional bank with the footprint covering 7 states. I have worked on most property types but have recently been put in a group focused solely on multi-family with the goal to build up to $100MM a year in multi-family perm debt. I would be instrumental in building this group so if we succeed it would make my name in the bank and potentially propel my career. 

I'm torn on what to do here. Short term money (assuming the deals are there) as the loan broker would be better than what I make now with lots of upside potential and maybe even be made a partner one day. The flip side is leaving my stable career that has upward potential with the responsibility of building a brand new department. 

Just curious if anybody can provide some insights that I may not be considering?
[{"id": "hj35iid", "text": "Thats a tough one. I recently made a similar decision. I think it is helpful to ask yourself what do you want to be doing in 10-15 years. Which one of those jobs is going to take you closer to that goal?", "replies": [], "depth": 1}, {"id": "hj4wzve", "text": "They\u2019re offering you $25 million as a signing bonus? Am I missing something?\n\nFor what it\u2019s worth multi family lending in the US no matter where you are is controlled by the guys with DUS licenses since the vast majority of float goes to the GSEs. As a result of that a lot of sponsors will call their local CB/JLL/W&amp;D guys for financing because they can do DUS and get quotes on lifeco/ df / whatever other execution. Honestly I wouldn\u2019t do multi family debt brokerage anywhere other than at one of the designated underwriter firms. \n\nIf you\u2019re looking to do debt on other asset classes up to you, just have to have a lot of confidence in yourself that you can slang a ton of office/retail/industrial debt.", "replies": [{"id": "hj6o7sg", "text": "I was speaking in banking so $25M is $25,000.\n\nThere is a ton of MF debt to be placed that won't go institutional and there are break points where you can out price them and a lot of people don't want the hassle of dealing with institutional debt. If I stayed at my bank I wouldn't be brokering MF debt just working to get the loans put on the books.\n\n&amp;#x200B;\n\nThe brokerage firm I am going to brokers to the institutions so I'm worried about that competition. I just need to get my COIs in order to starting bringing deals through the door but I have a decent sized net work and thank fully my dad is a very well known real estate broker in the area so fingers crossed that that will help jump start things. That hardest part is getting the ball rolling. I would do debt on all asset classes and I have a pretty robust underwriting background as a lender who has done a lot of deals involving all asset classes. I did $47MM last year with an average deal size of around $4MM. I know it isn't a huge amount but my YOY growth has been almost exponential since I became a loan officer.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hj8gsou", "text": "For context I live in the Bay Area and this is and has been a hot market. I was a broker/mortgage banker for 10 years. The most successful people are usually part of a team, everyone has a role. Don\u2019t get caught up having to market, underwrite, and close business. It\u2019s often a downward spiral. In the multi space banks were ultra competitive, Agency was typically for big $100mm+ deals. Life co\u2019s have the best rates but typically 55% LTV max, due to cap rates\u2026again a lot of banks win. BTW not sure your age, but 10 years from now, this industry will look very different, tech enabled firms, fee compression, and retired producers will make this industry a lot less lucrative.", "replies": [], "depth": 1}]