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Author Topic: investor fee

m
  • Posts: 14
investor fee
OP: January 08, 2019, 12:00:00 AM
hmm i'm new here but hey fellas what is this?  just had a first set of payments 1/7; received 7.28 and had an investor fee of 0.07.  is this something that would show up for a primary note as well, or only secondary?  does the ytm already take this into account?  i was under the impression the only "fees" for a normally performing loan on the secondary market would be the 1% charged to the seller.
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s
  • Posts: 78
investor fee
#1: December 31, 1969, 07:00:00 PM
1% fee is taken from all borrower payments no matter how you acquired the note.
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l
  • Posts: 322
investor fee
#2: December 31, 1969, 07:00:00 PM
The 1% is pretty easy to do in your head when you see your overall days totals. If it doesn't work out to 1% then there may be collection fees.

An example I had recently.


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T
  • Posts: 6588
investor fee
#3: December 31, 1969, 07:00:00 PM
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