Mortgagee Clause
FAQ: Mortgagee Clause and Lender Fees
FAQ: 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
FAQ: 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
FAQ: 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 Redraw: $150.00 TIC Review (if applicable): $600.00 *The above are the only fees associated with 5th Street Capital funding a loan (title/escrow and other fees are not included)
FAQ: Is there an appraisal fee? All loans require an appraisal, you can obtain a price quote from one of our approved AMC’s. Visit our Appraisal Center under the Resources tab, for options.