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Seller Sale Processing Fee
The Seller Sale Processing fee is based on Purchase Price and is paid from the Seller's net proceeds in escrow/closing.
Newly Originated Notes: 20 Basis Points (0.2%) of the Purchase Price for Note purchases up to $1M with a minimum of $500; purchase amounts over $1M will be charged additional 10 Basis Points (0.1 %). Performing Notes: 1% of the Purchase Price for Note purchases up to $1M with a minimum of $500; purchase amounts over $1M will be charged 50 Basis Points (0.5%) on the amount over $1M. Non Performing Notes: 1.5% of the Purchase Price for Note purchases up to $1M with a minimum of $500; purchase amounts over $1M will be charged 50 Basis Points (0.5%) on the amount over $1M. Loan Pools: Fee is prorated based on the status of the Notes in the pool.
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