Wondering if it’s normal for lenders to ask for a loan origination fee of approx. $1200. What is the usual ways you deal with this transaction? I suggested giving the funds to an attorney in trust and releasing them a...
Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
Is it normal for private money lenders to charge an origination fee upfront and take payment upfront?
Hey Bigger Pockets!
Long-time lurker, first time poster here. I'm having some trouble with a refinance. We are cleared to close and the clock is against me as my rate lock has been extended. When I was sent my initia...
Hey BP! Going through a refi / delayed financing on a property I recently rehabbed and I am just comparing numbers as they seem a little elevated even in the current times. SFH investment property.30 year fixed / 75% ...
Hi everyone,I am buying my first duplex to try house hacking. What is considered a good origination fee, because I am being charged 4.139%. I find it quite high , am I correct?Thanks
I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
I have been shopping for a VA loan.What items have others been able to negotiate? - Appraisal fee, title insurance, inspection, etc? etc?Are bank origination points typical? One lender is showing .75.
Hi all,Is a 1 point origination fee standard for a Freddie Mac SBL? Thanks for your help!
Anyone taking advantage of these rates and refinancing? My current rate on my FA is 3.75% but im paying $223.51 MIP.My lender's current rate on conventional loans is 3.25%. If I refinanced my rate would go down 50 bas...