Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on .

User Stats

26
Posts
3
Votes
David Rey
  • Wholesaler
3
Votes |
26
Posts

question about a possible loan term?

David Rey
  • Wholesaler
Posted

this is clause was included with agreement for a loan:

The Borrower is required to pay a refundable fee $2,600 for the loan acquisition cost which
involves all direct and indirect expenses incurred before funds disbursement will commence through
wire transfer.

is this normal?