Home loan question

slycat

Diamond Member
Jul 18, 2001
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Lets say my broker found me a home and is also doing my loan application for me.
Does he or can he control the % rate and in some way control how much he wants to make off that loan? Another way to put it is in how does a broker make money through a loan application for a client? Can he recommend a higher rate so as to make money off the client?