Commitment Fee

A commitment fee is an amount charged by a lender or a broker to you, the borrower, in exchange for processing and guaranteeing a loan for future use. As the lender or broker is essentially investing their time and resource into helping you obtain a loan as such they may charge a commitment fee to avoid potential borrowers wasting their time.

A committment fee is usually a fixed sum held on account that will go towards the fees of the loan should it be taken out by the borrower or forefeited should the borrower not proceed with the loan. 

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Some of our lending partners

Acre Lane Capital
Broadoak Private Finance
Funding 365
Oakbridge
Agility Bridging
Apex Bridging
Hope Capital
Interbridge
Mintbridging
Together
Barton
Bath & West
The Bridging Group
Focused Lending
Lendinvest
MFS
Octane Capital
Proplend
Bridgecrowd
Tuscan Capital
West One
Whitehall Capital
Zorin Finance
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