We do not charge any fees upfront to begin underwriting a loan request. After a final loan approval is given (final loan approval is only granted after a term sheet has been issued and all of the requested items on the needs list have been received) then a retainer will be requested to draft loan documents. The borrower is responsible for paying for the appraisal, standard title/escrow and notary fees, legal fees, and a Phase I environmental report (if needed).