cc @Banker, et al

Hidden fees? How is the process i.e. they want you first born too?

Wrong assumption. Some banks will haunt you during the whole tenor of the loan with numerous charges. Thats why one is always strongly adviced to read the fine prints before signing the dotted lines. Mate, dont get your neck in the noose of the hangman with such assumption

... loan processing fees (is it annual or a one-off-fee, that varies among the lenders and loans) ledger fees (what amount, and note some bank dont charge this on loan accounts), prepayment fees (some banks will charge you crazy amounts for this and some will not charge you a penny), any charges on release of funds before security perfection, etc etc etc etc etc etc ... all in the fine prints

even putting aside the hidden charges (coz they tend to be hidden in the fine prints that many dont read), interest rates wont maintain that differential for a long time. Am even thinking that coop could be charging that so as to gain acceptance in the new market and could be shouldering some cost which will end up being shouldered by someone. Read the prints well to ensure you dont lose out in the end ... BTW, I am also invested in coop and my advice to you is coz you are a wazuan and i would want you to get the best loan deal. I have nothing against coop bank and especially from an investment perspective. It is a good investment that will make investors money.