While working as a commercial mortgage broker can provide you with great opportunities, it can also present you with some unique challenges. As a broker, you need to factor in a lender’s fees when determining your commission rate, as well as overcoming a borrower’s reservations about working with a middleman. One solution to these obstacles […]
Category: Correspondent Lending
Top 5 Advantages of Being a Correspondent Lender
Working as a broker poses a unique set of challenges which can be very frustrating. As a broker, you have to deal with a lender’s origination fees, clients who may not like the idea of working with a middle man, and a lingering stigma against brokers since the financial collapse of 2008. There is a […]
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