What is a duration fee

A funding fee is a fee for funding the bridge loan, payable on the date that the bridge loan funds (typically on the closing date)

If a bridge loan is refinanced before maturity, some bridge lenders may be willing to partially refund the funding fee depending upon the time between the funding and the repayment

Duration Fee means with respect to any Lender, as of any date of determination, the amount equal to (a) the Duration Percentage in effect on such date of determination, times (b) the outstanding principal amount of such Lender’s Advances on such date of determination

Duration Fee has the meaning specified in Section 2

Duration Fee means the applicable hourly or daily fee for the time the Vehicle is booked by the Member

DVS means the national online system that allows organisations to compare a person 's identifying information with a government record