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Organization Affiliation
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Up Front Mortgage Brokers, Georgia Association of Mortgage Brokers
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Contract With Client
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Yes
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Technology Employed
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Automatic updates, via email, as the loan progresses
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Locking Procedures
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Verbal locks ok, no cost to lock
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Third Party Fees
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Varies from lender to lender
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Broker Fees
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Broker Fees: $2,000 - $2,500
Origination Fee: Included in broker fees
Processing Fee: Included in broker fees
Lender Fees: Varies from lender to lender
Appraisal Fee: $175 and up, depending on type of appraisal needed. Cost is passed through, not marked up.
Yield Spread Premium: We sometimes get YSP, but it is included in the total broker fees.
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Bio
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