The commitment fee is a fee paid to the lender for processing, underwriting and originating the mortgage. It is also known as an origination feeAt APR Capital Mortgage, we are committed to providing flexible and reliable funding solutions for real estate investors, but to ensure a smooth and secure transaction, we require commitment fees and down payments as part of our lending process. A commitment fee is a non-refundable payment that secures your loan terms and allows us to proceed with underwriting, due diligence, and funding preparation. This fee demonstrates the seriousness of your investment and ensures that funds are reserved for your transaction. Additionally, depending on the loan type, a down payment may be required, typically ranging from 10% to 30% based on factors such as property type, loan amount, and risk assessment. These funds contribute to the equity of your investment, lowering your overall loan-to-value (LTV) ratio and improving your financing terms. Our transparent lending process ensures that investors understand all costs upfront, with no hidden fees or unnecessary delays. By securing your commitment fee and down payment, we can move forward quickly, providing fast approvals, competitive rates, and seamless closings. Ready to secure your funding? Contact us today!
