This company will nickel and dime you to death. They give you a quote without full disclosure of all their fluff fees. They add a bunch of garbage fees at closing, when doing draws, and when paying off the loan. I though their draw process would be easy and efficient using an app with photos and not needing an inspection. But, what I found out was that, their draw process is very expensive, slow, and not convenient at all. Their support is also horrible.In addition to all the fluff fees they charged when paying off the loan, they had the nerve to double charge me for a "wire fee" even though they sent me a check in the mail instead. When I reached out to them they were useless and were never able to explain their fees. This seemed very petty on their part especially since I had made them over $30k on this loan yet I felt like they were spitting on my face on the way out. Stay away from this lender. I'm an experienced investor and there are countless of good lenders out there so you don't need to put up with a bad lender like this.
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Finance of America Commercial is a division of Finance of America Mortgage LLC | Equal Housing Opportunity | NMLS ID #1071 (www.nmlsconsumeraccess.org) | 1 West Elm Street, First Floor, Conshohocken, PA 19428 | (800) 227-8107 | AZ Mortgage Banker License BK #0910184 | Loans made or arranged pursuant to a California Finance Lenders Law license | Finance of America Commercial only makes mortgage loans for business purposes.See more