Tag Archives: Broker

In the state of California, does a mortgage broker have to have a license?

by cogdogblog Question by Sam: In the state of California, does a mortgage broker have to have a license? I am just curious… Do they have to have any special licenses? I checked my TRW and have found that the … Continue reading

Posted in Q&A | Tagged , , , , | Leave a comment

can I sue mortgage broker for not giving me commission rebate?

Question by Yingnan: can I sue mortgage broker for not giving me commission rebate? I am doing my refinance with one mortgage broker. Before closing, he asked me to pay $ 480 more for closing because he said the is … Continue reading

Posted in Q&A | Tagged , , , , | 4 Comments

Q&A: How much does a mortgage broker make of a deal for a home refinance?

by cogdogblog Question by Frank Rizzo: How much does a mortgage broker make of a deal for a home refinance? How much does a mortgage broker make off a refinance loan? vs How much does a bank employee doing a … Continue reading

Posted in Q&A | Tagged , , , , , | 4 Comments

Q&A: Do I have to pay a mortgage application fee, if we just signed the contacts and faxed them to the broker.?

Question by seth h: Do I have to pay a mortgage application fee, if we just signed the contacts and faxed them to the broker.? We completed our mortgage refinance papers and mailed them to the broker. Another company has … Continue reading

Posted in Q&A | Tagged , , , , , , , | Leave a comment

Why First Home Buyers Need to Make use of a Mortgage Broker

Why First Home Buyers Need to Make use of a Mortgage Broker The actual purchase of the very first home is a serious moment in time in everybody’s lives. This special venture, as a consequence of its relevance, is very … Continue reading

Posted in Mortgage Refinancing | Tagged , , , , , | Leave a comment

Q&A: I’m refinancing my mortgage. How much will the mortgage broker make on my loan in addition to closing costs?

Question by Ronald B: I’m refinancing my mortgage. How much will the mortgage broker make on my loan in addition to closing costs? Best answer: Answer by J AIt depends but ranges from $ 1500 on up (depending on the … Continue reading

Posted in Q&A | Tagged , , , , , , , | 3 Comments

Make a Mortgage Broker Part of your Financial Plan

Make a Mortgage Broker Part of your Financial Plan For most Canadians, buying a home is the largest financial decision they will make in their lifetime. Yet, consumers across the country are more likely to painstakingly review dozens of investment … Continue reading

Posted in Mortgage Refinancing | Tagged , , , , | Leave a comment

What are the advantages/disadvantages of refinancing a mortgage with a direct lender versus a broker?

by mortgagepaymentplan Question by MC: What are the advantages/disadvantages of refinancing a mortgage with a direct lender versus a broker? Best answer: Answer by ChristineI personally choose not to use brokers, but I have worked in the real estate industry … Continue reading

Posted in Q&A | Tagged , , , , , , | 2 Comments

What Your Mississauga Mortgage Broker Wants to Know About You

What Your Mississauga Mortgage Broker Wants to Know About You Once you’ve found a mortgage broker to help you find the right mortgage for your needs, you’ll need to discuss those needs with the broker. The broker will need to … Continue reading

Posted in Mortgage Refinancing | Tagged , , , , , | Leave a comment

Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing?

Question by bayleigh789: Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing? What are the benefits and drawbacks to each? We are refinancing our home. Best answer: Answer by bostonianinmoA mortgage broker … Continue reading

Posted in Q&A | Tagged , , , , , , , , , | 4 Comments