Zero Fees to Invest: How Investors and Ignite Funding Make Money
Manage episode 425948844 series 3582105
In this episode of Deeds in the Desert, host Izzy Irizarry and Director of Underwriting Pat Vassar discuss how Ignite Funding makes money without charging fees to investors. They explain that Ignite Funding earns its money from the borrowers themselves, who are charged origination points and loan servicing points. The points charged to borrowers do not come from the investor rate, but rather from the borrower's payment. The conversation also touches on the concept of junk fees and how Ignite Funding avoids charging them. Vassar shares insights on the fluctuation of fees and interest rates based on market conditions and borrower negotiations. Overall, the episode provides transparency on how Ignite Funding generates revenue and offers double-digit returns to investors.
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