Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

88
Posts
9
Votes
Phil M.
  • Developer
  • Staten Island, NY
9
Votes |
88
Posts

Private Lender reduces closing costs?

Phil M.
  • Developer
  • Staten Island, NY
Posted

I noticed that a good portion of closing costs come from the lender (a credit union or other institution). Application fee, credit check, lender's attorney fee, all come from the lender. That being said, if I have a private lender do I forgo these costs? And can it significantly reduce overall closing costs?

Loading replies...