Lending origination costs

[Dan Deckelbaum]

Origination fees for $1,000,000 - $10,000,000 credit line. 

1. $2,500 for any size line of credit + $2,500 legal fee A. 2.25 points per loan origination
2. 0.5% of the line of credit size + $2,500 legal fee A. 1.75 points per loan origination
With the line of credit, you receive steep discounts on origination fees, draw and processing fees. If you plan on purchasing three or more deals over the next two years, the origination fee more than pays for itself with the cost and rate savings you get with the line of credit.