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How does a mortgage brooker get paid exactly?

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fdnywife
Mommy of 3 and 4 rescues

Member since 9/09

1841 total posts

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How does a mortgage brooker get paid exactly?

I was looking for homes and called about one and said I wasnt sure if I should rent or buy and the girl hooked me up with a mortgage broker. I since then have found a home and he has been running numbers for me etc. How does he get paid? How much is it normally?

Posted 9/24/11 12:21 PM
 
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LittleDiva
LIF Adult

Member since 9/11

1284 total posts

Name:

Re: How does a mortgage brooker get paid exactly?

they get paid by 'points', hear alot of horror stories when you get to the closing table with brokers. go with a mortgage banker if possible. i know a really good one, fm if you want the info.

Posted 9/24/11 1:17 PM
 
 

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