Investors pay an annual loan servicing fee, currently 1 % of the outstanding principal, subtracted from loan payments received. (lendacademy.com)
Fees will include mortgage insurance premiums, both initial and annual; third - party fees for closing costs; a loan origination fee, capped at $ 6,000; and a loan servicing fee. (nerdwallet.com)
Furthermore, since all of the property that is being offered for the SCORE program is held in our portfolio, there are no loan service fees. (tetrahomes.com)