There is never a fee for initial consultations. After all, both
parties need to ascertain the viability of the proposition at hand.
Following this initial meeting, a quote and/or feedback will be
provided. It is important to note that the vast majority of transactions
will not attract a brokerage charge to you, the client.
If after the initial meeting, you choose not to accept the recommendations
or services made by PFA, the only outlay you have made is an hour
of your time. Should you choose to proceed, we thank you and look
forward to a mutually rewarding relationship going forward.
In most cases, lenders will pay PFA an “Up Front Fee”
and sometimes an “Ongoing Fee” for the life of the loan.
If you are unsure about any fees or money flows, we encourage you
to ask us.
Brokerage may be charged in instances where there are no fees payable
to
PFA by the lender, reworks, some commercial deals, small loans,
complex
and difficult to place transactions or where greater than average
time
spent on the deal is anticipated.
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