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CAN Capital is the big dog among a group of small business lenders that make. process, CAN is giving the public a more detailed look into how the company markets its high-cost loans to customers,
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Lorrie Womble, a long-time Bank of America loan officer in Charlotte, N.C., can complete a loan application in 15 minutes or so when a prepared borrower. a mortgage. Having them available when you.
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The average mortgage-origination fee fell 22 percent in the 12 months through June to $1,041 as nontraditional lenders gave borrowers more options, pushing banks to make. way they can compete.”.
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