Fees (Loan Origination Fee & Distribution)
The loan origination fee is broken down into a few parts upon being executed which you can find below:
- 10% of the loan origination fee goes directly to the lender
- 30% of the loan origination fee is held with the loan and goes to the borrower once they have paid back their loan (Note: If the borrower does not pay back their loan, then the NFTY Finance platform receives the 30% noted here instead)
- 60% of the loan origination fee goes directly to the NFTY Finance platform