How does a mortgage broker get paid?
Joel Olson • June 7, 2017
Our services are free! Well, sort-of…to you anyway!
Picture this. You go to your bank, and you ask to speak to a Loans Manager. You have an appointment and you see a few different people, but you don’t pay for any of them. Yet, somehow they are all getting paid.
So, instead of all that money going to a bank employee, it goes to us. And still, the cost to you is nothing.
There are certain times when a broker fee is charged, but these are rare and will be disclosed in the commitment
that you sign with us.
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