Wants 10k wired or cashier check before able to draw up docs?

[Lara Taylor]

Revived a offer from a HML on a new construction loan. The loan is for 2.2 million. I do not have any of the terms or conditions. They would like for me to send the money before they will draft a loan...

"Upon receipt of a $10,000 wire transfer or certified check, which would be applied toward the commitment fee, we would provide you with a draft of a loan commitment containing the terms and conditions to be reviewed by you and your counsel. This amount is fully refundable for any reason if you do not execute a loan commitment with us and you request in writing within thirty

(30) days of the date of this letter the return of the $10,000.signing of the loan commitment, a commitment fee equal to five percent (5%) of the Financing Request is due; three percent (3%) would be payable at the signing, and the remainder would be payable from the loan proceeds at closing. This fee would be fully refundable if we do not perform its obligations under the loan commitment."

I am not understanding what they are needing the 10k before they are able to let me know the terms? This would be my first deal I have done. Looking to purchase property and build then refinance after a 2 year period. 

Is this normal for this amount of money or do I just need to walk away and look elsewhere?