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EMD
0-5k we charge $2000
5,001-15k we charge $3000
15,001-25k we charge $6000
25,001 - 50k we charge $15,000
50,001 - 75k we charge $25,000
75,001 - 100k we charge $35,000
Deposit:
For EMD we have a 6% upfront deposit ($275 minimum), NON REFUNDABLE, credited toward the fees if the deal goes through. (This fee is wired/zelled directly to us and paperwork on fees will reflect the difference between initial deposit and fee)
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- 1.5% for 24 hour transactional loan up to $500,000 (minimum return of $1000)
2% for 24 hour transactional loan $500,000 -1M
2.5% for 24 hour transactional loan $1M-1.5M
- .2% per day fee for addition days money is held in escrow
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*If there are two separate title companies involved in the double close we charge 3%*
If there is additional paperwork/terms for morby method/transactional, for example a deal over 500k or needing us on the operating agreement we charge 3%
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>>Deals over 500k for double close and 100k emd need to be discussed over the phone, as rates are not the listed.
Please email: [email protected] after your submission if this is the case
>>Transactional Lending over $1M will be required to close with our attorney.