How Does Custom Finance Group Get Paid?

The great majority of residential secured finance is placed with Lenders who pay CFG brokerage directly thus resulting in no cost to the client. However, unlike residential mortgage finance, lenders do not pay introducers a fee for writing Commercial loan business, although this may change in the future. CFG charges the client a fee and obtains agreement from the client of the fee before any loan application commences. There is no set fee, it is generally a percentage of the loan amount being sought and in most cases is only due and payable at settlement of the transaction.