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Are there any up-front fees?
Two fees may be required before commitment:
- Lender's application fee is typically due when an application is signed; however, this fee is refunded (less hard processing costs) if the loan is not committed.
- The appraisal fee is collected when an appraisal is engaged.
Loans are either committed based on an existing appraisal, or subject to a forthcoming appraisal.
Harvest Capital Company's goal is to keep your financial exposure to a minimum until you have a
loan commitment you are comfortable with. |
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