Posted in Loan, Mortgage by: admin
Comments Off
30 Apr
Web portals are as guilty of making extra profit on your loan as any loan originator on the street. If you search for a loan on the web, you will run into two different types of companies. One is a list broker. They are not in the mortgage business. It is their job to persuade [...]
Posted in Loan, Mortgage by: admin
Comments Off
25 Apr
Now, let me tell you the secret no broker or bank wants you to know. Almost every loan has at least 2% (or 2 points), and more often than not, 3% in it for the broker or bank as the mark-up/profit. (This is a good time to toss in a little industry lingo). A point [...]