[Fly]

SBA is advertising on twitter that anyone asking for fees upfront is a scam, so good luck with that. Charging people upfront fees that can barely survive on a Distatster Loan? That's a pretty solid scumbag move and if you do this to your current book of customers, doubtful they will ever do another loan with you again.

[Chambo]

SBA is advertising on twitter that anyone asking for fees upfront is a scam, so good luck with that. Charging people upfront fees that can barely survive on a Distatster Loan? That's a pretty solid scumbag move and if you do this to your current book of customers, doubtful they will ever do another loan with you again.

Agreed. People looking to gauge and take advantage in this current environment are a special order of scumbag and should be hung in the public square

[Yankeeman07]

Do a search for SBA Form 159D - Read, Comprehend and make your own decision.

For Agent Services In Connection With an SBA Disaster Assistance Loan

[WestCoastFunding]

Do a search for SBA Form 159D - Read, Comprehend and make your own decision.

For Agent Services In Connection With an SBA Disaster Assistance Loan

That’s the thing, trying to get one of these placed with a lender that they don’t have both a banking and lending relationship with is going to be nearly impossible. And brokers who do have the connects have been told we aren’t supposed to charge a packaging and placement fee to do it. Where does that leave the borrower? **** out of luck.