As a professional in the field of lending, I often chuckle at those who make application for loans totaling millions of dollars who then argue the smallest of fees. Many times we are dealing with sponsors or borrowers who have paid brokers large sums of money to represent them, only to balk at the lenders request for a deposit for third-party fees.
Most of the times this happens with bridge loans. As an example, our bridge lending client’s provide up ...
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