What are typical commercial loan origination fees?

Commercial loan origination fees (also called points) typically range from 0.5% to 2% of the loan amount, though hard money and bridge loans can charge 2–5 points. A $2,000,000 commercial loan at 1% origination costs $20,000. Additional fees include appraisal ($2,000–$10,000+), environmental phase I ($1,500–$5,000), legal fees ($3,000–$10,000+), title insurance, and potentially a loan application fee ($500–$2,500). SBA loans have government guarantee fees based on loan size. Total closing costs on commercial loans commonly run 2%–4% of the loan amount. These costs can sometimes be rolled into the loan amount, subject to LTV limits.