ATG Capital

Deposit Required

$1,000.00 to $2,000.00

Deposit will be used towards out-of-pocket lender expenses including due diligence studies. In the event the loan is not consummated, balance will be refunded to the prospective Borrower.

Site Visit Fee

$150.00 to $500.00

We visit the site for loans over $700,000

Underwriting Fee

$895.00 to $1,195.00

Processing Fee

Documents Fee

usually $1,000

Legal Fee

Lender Legal Fee

Environmental Report Fee

for commercial properties, we will ask for a Phase I report.

Fees which are mandatory for all new borrower clients

• Deposit
• Due Diligence Fee
• Underwriting Fee
• Processing Fee
• Documents Fee
• Legal Fee
• Appraisal Fee
• Escrow Fee
• Title Fee
• Credit Report Fee

Fees which are charged upfront prior to loan closing

• Due Diligence Fee
• Site Visit Fee
• Underwriting Fee
• Documents Fee
• Legal Fee
• Appraisal Fee
• Credit Report Fee

Fees which are paid to a third party company

• Site Visit Fee
• Legal Fee
• Appraisal Fee
• Inspection Fee
• Escrow Fee
• Title Fee
• Credit Report Fee

Legal Disclaimer

Every loan will be evaluated on its own merits and so, there may be some variations in the criteria of determining the terms specific to every loan.

Additional Details

Buyer is required to fill out forms which we have on line as well. The forms include borrowers’ commercial loan application 1003, Recent Appraisal (if not available, we will accept a BPO or perform our own valuation for the collateral); Borrowers narrative explaining the purpose of the loan; borrower credit application; Authorization to Release information; Personal Financial Statement; Business Loan Application, Schedule of Real Estate and Rent Roll (in case of Commercial Real Estate collateral). All the forms can be downloaded from our website. After receipt and review of the completed forms, we will schedule an interview with the borrower to discuss the loan terms. The loan officer will discuss the loan with Manager, ATG attorney and other professionals (i.e. real estate brokers) to properly assess the risks and the stability of the collateral. In the event the loan is determined to be favorable, the primary officer will prepare a letter of intent, listing all terms and conditions of the loan, for borrower’s approval. After receiving written approval of the terms from the borrower, the primary loan officer will underwrite the file and present the completed file along with his/her recommendations to the principle shareholders. If loan terms are acceptable to Manager, loan officer will convey a conditional loan approval to the borrowers and ask for necessary deposits to advance loan package to our attorney. ATG attorney will then prepare all pertinent loan documents for borrower.