Asked by Frank, Los Angeles, CA • Tue Jan 8, 2008
I am in the process of buying a home. The broker agent send me an estimate of closing with "1% mortgage broker fee" of the loan. I thought mortage broker fee should be paid by the lender? If this is case, will my broker be upset if I switch to regular bank? FYI, I can get the same rate with the bank. Thanks for any feedback.
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