Are there any banks in Philadelphia that do not charge Origination fee and loan Points fee when you refinance?
In the course of discussion with a RE Broker, the broker stated that they advised all of their clients to request their RMLO charge their origination fee as a discount point.The intent is to capture the tax write off ...
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
Working on obtaining a single-family home portfolio loan 10 houses included what would a reasonable origination fee be? By percentage or dollar amount thanks in advanceErick Miller
Ran across FasterFunds lending where they defer paying origination fees upfront and make it payable as part of the payoff. This is the only Hard Money Lender I see do this as this helps investors commit their money to...
I am looking to buy my first property and I am not sure how to choose a mortgage lender. I have been pre approved by two lenders and they basically gave me the same options and a similar rate. So I was just wonderi...
I am getting a loan from a HML for $650,000. 4.5% interest for fixed 30 years with 2 points.
Paying only initiation fees, 40% of which need to be paid to initiate the loan and the other 60% can be rolled into loan p...
Hey guys, what interest rates/ loan origination fees are you guys seeing right now?Through my mortgage broker I just got a quote for 3.875% for a 30 year investment loan on a SFH. Origination Charge is $1740 with anot...
I am negotiating a multi-unit rental property in Baltimore. In agreement but after inspection I want to re-negotiate. Total loan amount is about $800k depending on re-negotiation result. Just talked to a loan officer,...
I'm working with a lender who is asking for origination fees up front a few weeks before closing. I've always paid origination fees as part of the loan on signing day for my SFRs. Is it any different with Commercial...