Not all of the time. They may want a portion of the commitment fee up front. Say like $100,000 non-refundable. Then the remaining commitment fee's are taken from the loan proceeds. That is the problem. If they get a loan for say $10 Million. They take out all of the fee's from this and interest reserves. So, if they take 1 year of interest resrves that is $10,000,000(loan) - $1,200,000(IR)- $400,000 (commitment fee) - $50,000(Title and misc. fee's)= $8,350,000 left to payoff your loans.
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