Back-end fees are charged as a certain percentage of:
A)commitment size and loan taken down
B)utilised portion of commitment size
C)unused portion of commitment size
D)interest payable on the loan commitment

Question

Quizplus · Accepted Answer

Back-end fees are typically charged on the unused portion of a loan commitment to compensate the lender for the capital reserved but not utilized by the borrower.

Back-End Fees Are Charged as a Certain Percentage Of