Are there any fees involved with a mortgage consultant?
A. In most instances, there are no fees involved. Mortgage consultants receive a commission from the lending institution that receives and funds your mortgage application. If you do not qualify normally due to bad credit, job instability or other unseen factors there may be a brokerage fee, but it will be disclosed to you prior to proceeding.
(UP) In most instances, there are no fees involved. Mortgage consultants receive a commission from the lending institution where your mortgage is placed. If you do not qualify normally due to bad credit, job instability or other similar factors there may be a brokerage fee, which will be disclosed to you prior to proceeding.
A. In most instances, there are no fees involved. Mortgage consultants receive a commission from the lending institution that received and funded your mortgage application. If you do not qualify normally due to bad credit, job instability or other unseen factors there may be a brokerage fee, but it will be disclosed to you prior to proceeding.