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Average Fees taken by a Broker

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tushar9986 Joined: 01 Aug 2007 Posts: 4 3.63 Dollars($)	Posted: Wed Aug 01, 2007 2:06 pm    Post subject: Average Fees taken by a Broker What is the average Fees broker's charge,when they help in refinancing the house.?
jo linda Guest 0.10 Dollars($)	Posted: Wed Aug 01, 2007 6:21 pm    Post subject: Quote: What is the average Fees broker's charge,when they help in refinancing the house.? Normally brokers charge an origination fee (1 point) + one additional point. But it can vary with some brokers.
larry Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)	Posted: Wed Aug 01, 2007 8:34 pm    Post subject: Hi Tushar, A mortgage broker is a mediator between you and the lender. He is paid a compensation for arranging your refinancing. A typical mortgage broker charges you one point (1 percent of the loan amount) for his service. You may also have to pay an application fee.

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