Hard Money Lender Xpress Loans 911

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
6y
Originally posted by @Chad C.:

Did they help close any of your deals?  I have one where they are looking to help finance $500.5K but I need to pay a $4995 commitment fee.  Any thoughts?  I'm nervous about doing this.  Need some guidance...

No offense but this is crazy stupid.. no one charges 1 point up front just for a commitment fee ..  its just not done like this in the industry.

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