We charge $1500 in processing fees for each loan.
Yes, our loans include a 1% origination fee, although we can offer a quote without the origination fee.
ReadyCap does not pay brokers. We offer referral fees in some instances, but expect mortgage brokers to get paid their origination from the borrower directly.
ReadyCap offers up to 25 bps to commercial brokers for referring a deal. We do require payment to go to the broker of record, and need to get a broker approval package completed to make this payment.