How much will I pay for using the Secondary Market in fees?
September 22, 2024
When using the Secondary Market, the selling investor pays a one-time fee of 0.5% of the value of each loan that is sold on the Secondary Market. This fee is not paid when placing a loan on the Secondary Market, however, but is deducted only if the loan placed is sold. An investor who buys a loan on the Secondary Market does not pay any fees.
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