Updated over 5 years ago on . Most recent reply
Commercial loan origination fees
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
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Typically 1% You need to shop it around and let them know what you are willing to pay.