Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.

The forms are online, and it costs $100 per filing. 

I would say will cost you around 50 dollars per file.

Wendy charges $400.00 per file and bills Ms Lori once file has funded and recorded. 

I have done over 3000 of them since 2012 its a specialty niche and as such we charge FAR higher than HML or PML that are 150k and up to stay in bizz especially with overhead you must bring in at least 4 to 5k per file on top of interest rate. thats why small balance loans are so tough..

I have one oil company that’s charging $4.24/gallon of oil right now and my commercial oil rate is $3.16 right now in other towns which when you fill up a tank is the difference of about $150 per fill up.

a lender need to make 4 to 5k per file to keep the doors open.. either through junk fees and or points and junk fee's  the interest normally goes to the investor not the lender.. there maybe a little delta on the interest but not much .. 

Loan origination fee will be added to this.. if not they are making a yeild spread premium is how they are getting paid.a loan company cannot stay in business unless they make 3 to 5k per file.. not possible. over head would kill themif its a bank direct then thats different

He charged a monthly flat fee per file up to 6 months and after that it was free.

I hate asking friends for money, but for a potential 1st position at say 12%, it could be win win for at least 6 months just too small.. so you borrow 20k at 12% for six months investor makes a whopping 1,200 bucks.. hardly worth the effort I think you can see why no one does these.lenders need to make MINIMUM 3k to 4k per file MINIMUM  junk fee's points etc.. if you don't you cant stay in business..