Commercial loan origination fees

27 Replies

@Chris Cusiter that is a great loan. Also very cool that you were able to go straight to the bank. I was wondering about that as my bank only charged .25% but the broker tacked on his 1%. How was your experience with going straight to the bank? Was it a small/local bank or a larger bank?

Hi Reinhard. No it was a national bank. I had a good introduction which helped. They required a lot of information, more than some of the others, but it worked out in the end. Ended up lending at 80% LTV also which helped as the appraisal they ordered, whilst better than the first, came in lower than many real estate agents had been suggesting.