[JSL23]

SO it appears that Yellowstone and pearl have hefty orig fees and such, I'm working on a very small deal that was approved for 11K, after their fees ( that are pulled from Funded ) the merch only rec'd $9,750 - Im not a Fan... not sure if anyone else feels the same way. if your charging 1.45 then you are making plenty of money - The only other reason i can think of is they are brokering it out and trying to make their vig.

Thoughts.

Were they paying any prior advance off....$1250 is steep even for YS/Pearl. I believe they are both about $500(give or take) so there is either some type of special circumstance or the Merchant owed a few hund to another lender or they rolled in a prior balance?

To answer your question-no, I am not a fan, but I am pretty sure there was a legit reason in this case and, for the most part the UW fees are pretty reasonable. In my opinion 2% is a fair amount +$299 ACH Fee.