SBA Loan Broker Fees

February 07, 2025
by a searcher from Northwestern University in Melbourne, FL, USA
Can we settle this concern once and for all?? Is it FREE to use a loan broker for an SBA loan? I keep seeing comments like “The bank pays us, so our service is 100% FREE to you as the borrower.”
from University of Southern California in Los Angeles, CA, USA
A good SBA loan broker should never charge borrowers directly. The real advantage of working with a broker is that we navigate the credit boxes of multiple banks, ensuring you get the best possible rate and terms. The savings can range from 0.5% to 2% in annual interest—savings that would be significantly reduced if you paid out of pocket for a broker.
We refer a high volume of deals, which means we can often get a quicker yes or no, saving you time and hassle. It’s a win-win-win: the bank gets a fully packaged loan, you get better rates and terms, and we get paid by the lender. We work with all major SBA lenders and are highly effective at what we do.
You can reach me here or directly at redacted You can also click here to schedule a meeting with me: https://cal.com/ishan-jetley-3d73m8/30min. Look forward to chatting!
from University of Missouri in St. Louis, MO, USA