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NicoleR
Joined: 06 Mar 2005
Posts: 6
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 Posted: Mon Jul 25, 2005 1:35 pm Post subject: What percentage does a mortgage broker get for a refinance l |
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| Wondering how much my mortgage broker will make off of me. I'm getting a $250,000 loan on a $500,000 house w/ $300,000 in equity. Thanks. |
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MillerrunAppraisals
Joined: 03 Apr 2004
Posts: 3
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| Posted: Fri Aug 05, 2005 10:42 pm Post subject: What percentage does a mortgage broker get for a refinance l |
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| generally 1 percent up front and then you'd have to ask them for the yield spread to determine how much they are making off the back end. |
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MissV4799
Joined: 15 Mar 2006
Posts: 3
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| Posted: Wed Aug 17, 2005 7:49 am Post subject: What percentage does a mortgage broker get for a refinance l |
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| Hi, The norm is 1% . But as always greed exists where there is money. Suggest you shop around and deal direct with the lender. You have enough ammunition . Rgds...................... |
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MistiM
Joined: 12 May 2005
Posts: 4
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| Posted: Sun Aug 28, 2005 4:56 pm Post subject: What percentage does a mortgage broker get for a refinance l |
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| 25% |
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