Crazy high closing costs for LOC

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I applied for a line of credit from corevest. I qualified for a $1 million line after much paperwork. Now I'm at the point of closing and they say my closing fees will be $10,000. Is this standard?? I'm shocked. I was never told of such high fees unless it was embedded somewhere in the fine print. I have utilized a LOC with a competitor finance company and got charged $0 closing costs.

Question: then why not just use the competitor? Frankly, I can't see how that's possible unless you are talking about some kind of unsecured LOC. It costs money to record the lien on your property, do a title search, purchase title insurance, etc. Even if they were going to waive everything else, no financier is going to eat the costs of administration.