![]() COMMERCIAL REAL ESTATE MORTGAGE LOANS LOAN COSTS As with any mortgage finance transaction, there are certain costs associated with it, as listed below. In all cases, certain costs ( appraisal, inspection fees, title insurance ) are mandatory, with the cost as a direct function of the property type and the amount of the loan. Other costs / fees will vary, depending upon the lender. A breakdown of the expected costs will be provided to you, along your initial Quotations / Letters of Interest. At that time, you select the lender whose program and costs best fit your needs. It is important to understand that certain costs must be paid for by you in advance of the specific service being provided; i.e., the money to pay the appraiser must be set aside, in order to pay for the appraisal upon completion. Those items or services that generally must be paid in advance are shown below, marked with an asterisk ***. Other costs or fees are typically deducted from the proceeds at the time of funding. There is no charge to you for our providing the initial Quotes / Letters of Interest for you to consider. However, if you are unable or unwilling to advance the monies necessary to pay for required services, we will not be able to proceed with your planned transaction.
We
are serious about structuring the best
loan for you, and in providing
you with accurate quotes.
Obviously, the specific rate and terms you receive will depend upon your particular circumstances. Why not find out now ?
Home
| Site
Map | FAQ
| Loan
Info | Property
Info | Contact
Info Form | Doc.
Checklist | sample
Loan Package
| Glossary | Downloads | About Us | Loan Matrix | online Submission Form | fax Submission Form |