Origination Fee for Private Hard Money Loans Explained

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All private hard money lending companies charge an origination fee (aka Points) for providing a private mortgage. In this video, Rocky Butani explains what an origination fee, the typical fee charged by most private/hard money lenders, and how much mortgage brokers charge. • Visit this page to begin your search for lenders: https://pllk.io/find • 00:00 Introduction • 00:33 What is an Origination Fee • 01:03 AKA Points, Basis Points • 01:50 Typical Origination Fee Charged • 03:04 Fee for Loans Under $50K • 04:17 Lowest Points Fee Structure • 05:45 Mortgage Broker Origination Fee • 07:10 How to Find Lenders • Private Lender Link, Inc. is licensed by the California Department of Real Estate (CA DRE Lic. 02057741). Rocky Butani is the company's designated officer: CA DRE Broker Lic. 01893537.

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