What are the expenses to be paid prior disbursement of the loan?
All costs, charges and expenses reasonably incurred while processing the loan application transaction should be covered by the borrower. Borrower shall cover the cost of the due diligence, the lender will have to carry out in order to verify that all documents and information supplied by the borrower are correct and the project is viable. Beside the due diligence cost, borrower will have to pay us processing fee.
Related Questions
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