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re: Should we use a mortgage broker?
Posted on 3/8/13 at 3:17 pm to lsu tigerdog
Posted on 3/8/13 at 3:17 pm to lsu tigerdog
quote:
on any conventional or govt loan, no fee's from us, no points/origination cost, generally the bank will charge you some form of orignation/points plus their other junk fee's.
Not disagreeing -- but how do you guys make money?
1
Posted on 3/8/13 at 4:33 pm to rmc
Abt 2-2.5 yrs the fed reserve board changed our compensation plan. Now We get paid by our lenders, we have set compensation plan, we get paid the same regardless what the rate is. By doing this,it works better for the borrower.
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