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 Search for: Yes, we are still offering ULOCs at a 3% fee.
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mortgagemessiah

8003 Posts

Posted - 07/15/2008 :  11:22:09 AM
We have access to over 150 banks that are still offering them and yes, we still only charge 3% which allows you to charge up to 3% and still remain competitive. We don't believe the client should have to pay loanshark fees of 9-12% of his line amount to cover the costs of the 75% of business owners who won't qualify.
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