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kirkm
Joined: 28 Jun 2005
Posts: 6
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 Posted: Thu Jan 12, 2006 6:24 am 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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vladoviking
Joined: 01 Feb 2005
Posts: 5
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| Posted: Mon Jan 23, 2006 3:31 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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Thomas2SellRealtor8659
Joined: 28 Feb 2005
Posts: 6
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| Posted: Sat Feb 04, 2006 12:38 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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TWEET
Joined: 16 Nov 2006
Posts: 3
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| Posted: Wed Feb 15, 2006 9:45 am Post subject: What percentage does a mortgage broker get for a refinance l |
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| 25% |
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