[quote=HLS]
You should also ask if they are getting ANYTHING back in commission/rebate from the lender.
If they hesitate or stumble in answering this simple question, they are probably lying to you, and not offering you the lowest rate that you qualify for at that time.
HLS[/quote]
[quote=FSBO]
Submitted by fsbo on January 6, 2009 – 9:45pm.
HLS,
No, there is no free loan. Every loan comes with costs. Closings costs, if not paid upfront, will be rolled over into the loan.
The similar is the mortgage broker’s non-published commission, it seems to be paid by lender, but
it actually sends the final rate higher….[/quote]
[quote=HLS]
Submitted by HLS on January 6, 2009 – 11:16pm.
FSBO,
There is no such thing as a “mortgage broker’s non published commission”
It doesn’t exist. What are you talking about ??HLS[/quote]
