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Updated over 5 years ago on . Most recent reply

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Chris Cusiter
  • Los Angeles, CA
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Commercial loan origination fees

Chris Cusiter
  • Los Angeles, CA
Posted

I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiable but can anybody give me an idea of what's reasonable to expect in the current market. Thanks in advance!

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

Typically 1% You need to shop it around and let them know what you are willing to pay.

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