Tag: lender paid

Broker’s Compensation Added to Loan Amount for a Rate/Term Refinance & Lender Credit.

Question: Can broker compensation be added to the loan amount on a rate/term refinance when we are using a lender credit towards the closing costs?  Or, does the borrower need to bring cash to closing for the broker compensation? NEW MC Chart – Lender Paid & Borrower Paid Uses for Refinances and Credits Answer: Following […]

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