Fee & Lending Disclosures
Private Lending Fees
All private lending transactions are subject to both processing fees and evaluation fees.
- Processing Fees: These may be collected either upfront or at the time of closing, depending on the structure of the deal. Rates typically range from $250 to $750 per hour, based on the complexity and scope of services provided.
- Evaluation Fees: These are collected at the start of the project and are priced according to the specific requirements of the deal.
Conventional & Third-Party Fees
Fees associated with conventional loans and third-party services will vary based on the transaction. All such fees will be disclosed to the client at the beginning of the process.
Underwriting Conditions
All loans are issued with standard underwriting conditions, which may include—but are not limited to—income, asset, credit, and collateral documentation. Additional conditions may be requested by underwriting at any point to clarify or verify submitted information.
Jumbo Loan Requirements
All jumbo loan applications will require:
- A full appraisal
- A second evaluation report
- In some cases, a second full appraisal may also be required, based on lender or investor guidelines.