Ahhhhh, I see. The lender’s fee is adjusted from 1% to 5% based on the amount of the loan...the “agents” also get a cut of the printed money. ;-) (Thanks for the link).
“How will lenders be compensated? Processing fees will be based on the balance of the financing outstanding at the time of final disbursement:
Loans $350,000 and under: 5.00%
Loans greater than $350,000 to $2 million: 3.00%
Loans greater than $2 million: 1.00%”