Beginning in 2024, DreamSpring is implementing an identity verification fee of $25 for all loan applications. This fee covers the costs of conducting an identity verification check --- which protects your information and helps DreamSpring prevent fraud. When you enter the fourth page of the DreamSpring loan application, you’ll be redirected to a payment processing page, where you can submit the identity verification fee payment via credit card. Once you’ve successfully submitted payment, you’ll be able to continue the application. If your loan application is approved, the fee will be deducted from your closing costs (if there are origination costs) --- effectively returning the fee to you. If your loan application is not approved, we are unable to refund the fee since the costs were already used to process an identity verification check. At any time, you’re able to connect with our team at 1-800-508-7624 or info@dreamspring.org for more information about your application, the identity verification fee, or for small business resources.