| |
| What is Broker Fee?
The Broker's Fee is the money on which the broker makes it's living. For a person to use an agents services he has to pay him.
There are two types of fees by commission or charge. Commission means that the lender is paying it out and if it's a charge then it's charged on the customer. If your consulting a an independent broker related to mortgage then he should present you a choice of paying the fee, this fee is usually in the range of 1-4% maybe more depending how hard is to sell. | | | | |
|
| |
