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  1. #1
    Quote Originally Posted by diditevenfund View Post
    No, we all do not. Some of us see the value in renewals over a PSF.
    YESS! Our first three years in indurstry we did charge psf on fiels where funder allowed it( never more than 5%) and those files had a much much higher rate of not renewing with us/ default. We dont charge psf ever anymore. Thats where the moneys at

  2. #2
    Senior Member Reputation points: 33834
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    Quote Originally Posted by alexd12345 View Post
    YESS! Our first three years in indurstry we did charge psf on fiels where funder allowed it( never more than 5%) and those files had a much much higher rate of not renewing with us/ default. We dont charge psf ever anymore. Thats where the moneys at
    Love it. Nothing beats funder auto renewals on 3-5 year old deals. Lol

  3. #3
    Senior Member Reputation points: 8833
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    Quote Originally Posted by alexd12345 View Post
    YESS! Our first three years in indurstry we did charge psf on fiels where funder allowed it( never more than 5%) and those files had a much much higher rate of not renewing with us/ default. We dont charge psf ever anymore. Thats where the moneys at
    I'm saving this comment lol to show to show to brokers who charge PSFS lol! I have had ISOS make hundreds of thousands on one deal thru renewals.

    Simon Wein
    CEO- Radiance Funding
    P:516.509.9788
    W: Radiancefunding.com
    E:Simon@radiancefunding.com

  4. #4
    I love these comments - and the direction of the industry to go more toward relationships than solely transaction based. Continuing a relationship with a client is a far more effective way to do business. So, thank you all very much for the replies.

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