ICS Venture Partners LLC

[redacted] applied for a short-term commercial bridge loan to refinance an existing loan he has on a property that is for saleICS charged a non-refundable $loan processing fee to cover preliminary 3rd party and underwriting costs, including a title report, deed of trust report, property tax report, and property reviewThese costs are incurred whether a loan is approved or not, and are always non-refundable, as they are out-of-pocket fees [redacted] was approved for a loan by ICS, despite no other bank in the country would provide an approvalHe did not like the terms, so he asked for his non-refundable processing fee backWe have continued to try to approve him with no success due to the property value

[redacted] applied for a short-term commercial bridge loan to refinance an existing loan he has on a property that is for sale. ICS charged a non-refundable $250 loan processing fee to cover preliminary 3rd party and underwriting costs, including a title report, deed of trust report, property tax...

report, and property review. These costs are incurred whether a loan is approved or not, and are always non-refundable, as they are out-of-pocket fees. [redacted] was approved for a loan by ICS, despite no other bank in the country would provide an approval. He did not like the terms, so he asked for his non-refundable processing fee back. We have continued to try to approve him with no success due to the property value.