04/22/2022
Mortgage Agents are paid a commission (or finder’s fee) by the lender, once your mortgage funds. There are some special ocasions where an agent will charge a brokers fee. That means it’s always in your mortgage Agents best interest to keep clients happy throughout the home buying and mortgage processes, and beyond.
Mortgage Agents work for you, not the bank or any other lender, and they have access to multiple lenders including banks, credit unions and trust companies. More choice means mortgage brokers are better able to negotiate a mortgage product and rate that best meets your specific needs.