MBA Capital Funding Inc.

MBA Capital Funding Inc.'s mortgage brokerage fee for services are always competitive and in some cases, may be free to the borrower depending on the size of the loan, loan program and the lender. Lender fees for underwriting, loan packaging, origination fees, appraisal, environmental audit, survey or other third party reports or requirements may apply and are typically paid directly to the lender. If the financing involves an SBA (Small Business Administration) 7A or 504 loan, there will be a fee paid to the SBA at closing of the loan.

Process

1. After we receive all the information from borrowers, we issue a term sheet within 10 business days.
2. Following the agreement on terms, an Issue of commitment letter will be sent from the lender within 10 business days.
3. Closing of the loan will happen within the next 25 Business days.
4. In conclusion, the loan can be closed within 30 - 45 days.