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Updated about 9 years ago on . Most recent reply

User Stats

157
Posts
32
Votes
Jimmy Warr
  • Logistics Manager
  • Cordova, TN
32
Votes |
157
Posts

When applying for Hard Money

Jimmy Warr
  • Logistics Manager
  • Cordova, TN
Posted
When applying for a hard money loan is it typical for someone to ask for a small fee upfront? I received the below email after submitting an application to a hard money lender: "There are no upfront fees, but there is a Good Faith payment in case we do get you funded you don't waste our time by not going through with the deal. If you are not funded you will be refunded 100%."

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