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Louisa Davis
  • Investor
  • 22204
7
Votes |
24
Posts

Private lenders - origination fee

Louisa Davis
  • Investor
  • 22204
Posted Sep 17 2021, 09:09

Is it normal for private lenders to require the loan origination fee be sent as part of loan approval, prior to closing? Or is this a red flag that it is a scam?