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Updated over 7 years ago,

Shah Alam's profile image
Shah Alam's profile image
Shah Alam
  • from Plano, Texas
  • Member since Mar 16, 2017
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Shah Alam's profile image
Shah Alam's profile image
Shah Alam
  • from Plano, Texas
  • Member since Mar 16, 2017
Connect
Shah Alam
  • Plano, TX
0
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4
Posts
Private Lending & Conventional Mortgage Advice

Upfront Fees for a Loan

Shah Alam
  • Plano, TX
Posted

Hi,

I am new to the US, so I am just understanding hard private lending. Is it common practice for a lender to ask for upfront fees for providing a loan to a borrower? If so, what sorts of fees are they and what do they cover? Or should I avoid anyone asking for fees upfront to provide a loan?

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