Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a sanctioning fee?

fee sanctioning
0
Posted

What is a sanctioning fee?

0 CommentsAdd a Comment

1 Answer

0

A charge levied by a lender for setting up a mortgage. Sometimes, this is referred to as an initial charge or arrangement fee. In Poland, this fee ranges from 1-2.5% of the value of the mortgage, though some banks offer promotional reductions on this fee from time to time.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123