Why do you charge an application fee up-front?

To ensure we are working with committed borrowers prior to spending a lot of time and money on the project.

Is this fee reimbursable to me at closing?

Yes. Upon successful closing, we will reimburse you this fee?

Why can’t you just quote me a price without if I give you the credit score of the borrower?

Unlike residential real estate, there are many possible scenarios where if we simply quoted rates without any income and expense information or tax return information, we would not be able to extend that rate to the borrower. Type and quality of the subject property could vary the rate. The borrowers’ lack of experience and or inadequate capitalization could vary the rate. Many things could change the rate so we would rather preliminarily underwrite the deal to offer you a range of rates we could stand by. We don’t want to become known as bait and switch operators.

Do you do loans other than those listed in the loan programs section of your website?

In rare instance will we consider something outside of this area. We prefer to stay focused on what we do well.