SNMC LENDER FEE SCHEDULE (Minimum Fees to be Collected):

SNMC Products
$ 595.00 Processing
$ 495 Underwriting
$ 295.00 Admin

Reverse Mortgages
$ 295.00 Admin

Commercial (Silver Ridge Capital)
$ 595.00 Processing
$ 295.00 Admin ** Note

Brokered Loans
$ 595.00 Processing

Lender Fee Schedule to be charged or deducted from Loan Officer’s commission when not collected:
Fees are to be collected on all loans. A partial or no fee loan may be funded, but 100% of any shortage in fees will first be subtracted from the gross earnings on the transaction before commission split is calculated.

Additional fees from a brokered loan maybe due and payable to the lender/investor in addition to those fees noted above. Loan Originator is responsible for all third party fees including but not limited to Investor/Lender charges, credit reports, appraisals, title reports, etc., and such fees shall be charged through the transaction or deducted from the Loan Originator commissions, regardless if the transaction closes or not.

**Silver Ridge may determine additional fees on a transaction by transaction basis. Silver Ridge is a division of Security National Mortgage Company and is a 'brick and mortar' origanization primarily in the state of Utah.