FAQ: Mortgagee Clause and Lender Fees
What is 5th Street Capital’s Mortgagee Clause/Loss Payee?
5th Street Capital, Inc. its successors and/or assigns as their interests may appear
2020 Camino Del Rio N, Suite 700
San Diego, CA 92108
How should the insured lender appear on the Closing Protection Letter?
5th Street Capital, Inc., its successors and/or assigns as their interests may appear as defined in the Conditions of this policy.
2020 Camino Del Rio N, Suite 700
San Diego, CA 92108
What are 5th Street Capital’s Fees?
Lender fee: $1,425.00
Credit Report: $24.95
Flood: $14.00
Entity review (if applicable): $250.00
Appraisal Review(if applicable) : $15.00 – $155.00
*The above are the only fees associated with 5th Street Capital funding a loan (title/escrow and other fees are not included)
Is there an appraisal fee?
All loans require an appraisal, you can obtain a price quote from one of our approved AMC’s (see our resource center for a list of approved AMC’s)