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Craig Yarbrough
  • Developer
  • chicago, IL
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up front fees from hard money lenders

Craig Yarbrough
  • Developer
  • chicago, IL
Posted Mar 4 2010, 14:20

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.

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