EMD upfront fee
I have a borrower looking for $20k EMD due Mon 4/20. Just got the property under contract today. I told him the up front fee would be 5% or $1000 with the remainder coming out at closing. He asked if he could only do $500 upfront fee. I told him it is unlikely but would ask. Is that possible?
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Esther Denison
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EMD upfront fee
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