Quote Originally Posted by Michael I View Post
on that topic , can you explain to me why funders have to charge a psf fee or whatever they want to call it. Term ,rate i get they do based on how risky the feel it is but than why add 5-10% in fees on top on that?
sell rate is for the funders investors (less upfront commissions and defaults). "psf fee" is for operational costs (UW's, admin's, rent etc.)