Mortgage Broker Live Oak

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HOME – Lowest Mortgage Rates – What does a mortgage broker do? A mortgage broker works on the borrower’s behalf to find the lowest rates and best loan program from various lenders. Mortgage brokers can get paid either directly from the lender or directly from the borrower, but not both. When paid directly from the lender.

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Mortgage brokers are paid upfront and trail commission based on mortgage broker commission rates. Will you ever have to pay when getting a home loan? Most mortgage brokers are small businesses or contractors so they only earn an income from the commission they receive from the lender.