What Is Investor Fee?

I was lloking for a hard money lender for a property I want to buy. According to them they charge not only interest, currently 13% but also an investor fee.

What is an investor fee? The lender I usually use never charged any such fee.

Comments(1)

  • InActive_Account3rd May, 2006

    junk fee---additional fees and points let lenders advertise lower rates

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