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Re: LCLiving post# 156678

Thursday, 07/01/2010 12:01:01 PM

Thursday, July 01, 2010 12:01:01 PM

Post# of 375420
Ok, so they seem to "only" need 1.8 Million to cover new fees...but this is the part I don't understand/know how to interpret:

"There were a total of over $5 million in fees associated with the original Loan, however, in the initial structure the majority of the fees would have been paid upon closing. This delay and changing of the Banking institution being used to provide funding has required more of those fees to be paid up front."
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