Blog with MAE Capital

No Loan Origiation Fee What does it mean?

September 7th, 2011 11:25 AM by Gregg Mower

MAE Capital has removed it's one percent Loan Origination Fee (one percent of the loan amount fee).  For example if you are getting a $200,000 loan you are saving $2,000.  This also lowers the APR (annual percentage rate).  Furthermore, we can also match up an interest rate that allows for us to pay all the closing costs in a loan transaction.  This means all you would have to come up with is the down payment which is only 3.5% on an FHA loan or 1% on a FHA Platinum program.  This system can work if you are putting down 20% or more as well, great for investors.

Let us know how you feel about this

Posted in:General
Posted by Gregg Mower on September 7th, 2011 11:25 AM

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