This seems to be a hot topic lately. Mortgage Authority does not take application fees. We feel that earning your business is based on our performance. Please be ware of those companies that want you to pay them first then they will perform later. Suppose they never perform . . . you are out the money. We have learned this the hard way with some would be investor/lenders. Whether it's commercial or residential, you will have to pay for an appraisal and in some cases and environmental survey and title issues. However, if you pay for them, you own them and can use them for another lender if the first one does not perform. Please call me personally should you have any questions in this regard.
Charles Pope, Mortgage Authority
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