Quote Originally Posted by TheUnderwritingProdigy View Post
Origination fees are standard for 99% of funders, so it wouldn't make sense to be the only one not charging one. Most "good" ISO Shops that don't suck and submit trash don't charge PSF's.
I agree that most funders charge an origination fee but i don't agree that the reason is because "why not charge if everyone else is charging".

The O / UW Fee is for funders to cover some of their upfront costs and to possibly cover some of the broker's upfront commission.
Brokers make an upfront risk free commission, while day one the funder is in the hole the funding amount + the commision.