Ask About A Real Estate Company
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 14 years ago on . Most recent reply

up front fees from hard money lenders
I recently came across Palm Financial in Florida and they told me about a prety intersting commercial bridge loan program that they supposedly offer. I've never used a hard money lender especially one for commercial. Has anyone ever heard of this company or knowif up front fees are common? I'm not used to paying up front fees to a lender just for the privilege of telling me whether or not my project qualifies for an approval under his terms.
Most Popular Reply

I ABSOLUTELY DO NOT PAY ANY UP FRONT FEES TO ANY LENDER! ABSOLUTELY NOT!
No lender fees.
No consulting fees.
No research fees.
NOT A F---ING DIME.
They can take their fees at closing and if they are professionals they should be able to take their fees at closing.
I have personally seen these "fund sourcing" company people leave the country for the UK or other places when the heat was on.