TD Bridge Financing Fee

I seem to recall bridge loans are Prime + 4.5%....might be wrong but thats the rate I paid like 3-4 years ago.

If you need it to close a house....then you need it to close a house. If you have access to cheaper credit, then go through that method, otherwise.....no choice.

First of all you should to take an advice of an mortgage agent.

Just pay the $750 and move on.

If you borrow a significant amount, you will need to a) have it sitting in your account for 90 days or b) a gift letter from your family member. Both of which requires more documentation and time. You should read the details of the bridge loan to see what the flat rate fee is. TD should be very minimal. Some financial organizations will rape you on the "flat rate fee", example, HSBC charges 1% flat rate fee + interest.

I will suggest you to consult a financial advisor.

Some invoice factoring companies are facing some financial problems and they are helped by Prestige Capital Corporation and if you are interested then you can take a look at Prestige Capital Corporation.

Shawnoquinn wrote: ↑ I will suggest you to consult a financial advisor.

Ya paying for a financial advisor isn't even remotely needed for a basic bridge financing deal from your lender.