Pearl Deal, Back To The Old Ways?
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  1. #1
    Senior Member Reputation points: 12878
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    I would not doubt the origination fee may have been $299, but I also would not exclude the possibility of other fees on top. "UW" fees, "risk assesment fees", "ACH access" fees etc. Nickles and dimes add up really quick

  2. #2
    Senior Member Reputation points: 307559
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    Quote Originally Posted by nrh1lp View Post
    I would not doubt the origination fee may have been $299, but I also would not exclude the possibility of other fees on top. "UW" fees, "risk assesment fees", "ACH access" fees etc. Nickles and dimes add up really quick
    Exactly .

  3. #3
    Senior Member Reputation points: 51665
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    Quote Originally Posted by nrh1lp View Post
    I would not doubt the origination fee may have been $299, but I also would not exclude the possibility of other fees on top. "UW" fees, "risk assesment fees", "ACH access" fees etc. Nickles and dimes add up really quick
    Yeh, but from $299 to $1,200...that's a very expensive dime

  4. #4
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    Quote Originally Posted by NoBigDeal View Post
    Yeh, but from $299 to $1,200...that's a very expensive dime
    Yes but if you break down what a place "could" charge for fees"
    $299 Origination
    $250 UW Fee
    $400 broker commission
    $150 ACH fee

    That is $1099

  5. #5
    Karen37a
    Guest
    I think its a bank only ach fee and its $399$ or 10%

    and a legal fine of $10000

    These can get costly

    yeah no wonder Marcus is always lollygagging about...picks up a rock to throw it at him

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