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HOW DOES THE LONE OAK BROKER PROGRAM WORK?

April 26, 2017broker lone oak program

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HOW DOES THE LONE OAK BROKER PROGRAM WORK?

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It is quite simple. Lone Oak determines the amount of the loan origination fee based on the quality of the property, location of the property, credit worthiness of the borrower and the amount or size of the loan. The broker’s fee is placed in the loan documents and collected directly from escrow.