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Updated over 6 years ago on . Most recent reply

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552
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Susan O.
  • Fresno, CA
181
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552
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Fees for commercial lender --upfront application orig fees?

Susan O.
  • Fresno, CA
Posted

This lender I'm trying to work with that my loan officer found wants to charge a $2500 lender fee upfront

Is this common in commercial lending?  It's for a multifamily.  I've never had to pay fees up front.  Also their loan they quoted is about .5% less then other lenders LOIs so I did prefer going with them

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