Ribbon’s transaction fee is between 2% and 3.25% of the purchase price of the property that you intend to buy. Note that purchase prices vary per state. These rates offer legitimacy to Ribbon home loans. In other words, they make Ribbon cash offers easier and faster to close. However, Ribbon fees can go down to 1% if the buyer closes with their lender on closing day. Meanwhile, Ribbon charges rent until the buyer repurchases the home from Ribbon. Rent expenses will depend on the property that the buyer is purchasing. Ribbon only charges rent to cover its carrying costs, which include capital costs, tax expenses, insurance fees, and HOA. As such, Ribbon does not charge rent to make money.