PeerStreet may apply a servicing fee on each loan offered for investment. The servicing fee is a “spread” between the interest rate payable on a loan and the interest rate you receive as an investor. With this structure, PeerStreet has aligned our interests with our investors as we will only get paid when our investors get paid. Generally, this fee should be in the range of 0.25%-1.00% and it will always be disclosed.
You can also learn more about PeerStreet’s fees on our blog.