All Forum Posts by: Shah Alam
Shah Alam has started 1 posts and replied 4 times.
Post: Upfront Fees for a Loan
Shah AlamPosted
- Plano, TX
- Posts 4
- Votes 0
Thank you George
Post: Upfront Fees for a Loan
Shah AlamPosted
- Plano, TX
- Posts 4
- Votes 0
Thank you Donna
Post: Upfront Fees for a Loan
Shah AlamPosted
- Plano, TX
- Posts 4
- Votes 0
Thank you Timothy, I very much appreciate your feedback
Post: Upfront Fees for a Loan
Shah AlamPosted
- Plano, TX
- Posts 4
- Votes 0
Hi,
I am new to the US, so I am just understanding hard private lending. Is it common practice for a lender to ask for upfront fees for providing a loan to a borrower? If so, what sorts of fees are they and what do they cover? Or should I avoid anyone asking for fees upfront to provide a loan?