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The TSG admin fee is 50 basis points per funding. This applies to lender paid and borrower paid compensation. (Example: Loan amount of $500,000 - Total commission @ 2.00 lender paid comp = $10,000 - Net to LO after TSG fee = $7500.00
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Loan Officer will have an account with Lending Pad (our LOS platform) & access to wholesale lender portal. A google account will also be provided for a personalized TSG email.
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Commission will be paid to LO after closing funds are sent from Escrow and cleared.