Fees and Charges

Investor

There are no fees or changes for investors.

Borrower

The amounts quoted below are variable and subject to change. You should use these rates as a guideline only. Full disclosure of costs will be included in the Loan Proposal.

 

Commitment fee

$100 – payable on application. This fee will be deducted from the Application fee and is non-refundable.

Valuation

The average residential valuation is $1,000. Commercial properties are general 0.1% of the property value

Legal

Approx. $1,000

Application fees

Minimum $1,000 – less commitment fee paid
2.5% of loans up to $1M
Negotiable over $1M