![]() |
|
![]() | ||
|
Subject:
Mortgage lending
Category: Business and Money Asked by: artp6820-ga List Price: $25.00 |
Posted:
30 Dec 2005 08:07 PST
Expires: 29 Jan 2006 08:07 PST Question ID: 611295 |
What are all of the different ways that a home mortgage company can generate revenue? |
![]() | ||
|
There is no answer at this time. |
![]() | ||
|
Subject:
Re: Mortgage lending
From: g_dana-ga on 03 Jan 2006 13:11 PST |
Mortgage Companies can generate income in 3 ways - but the 3 ways differ if you are a lender (underwrite and lend the money from your own funds) or a broker - find the mortgage from another lender. Either a broker or a lender can make money from fees (in my company, underwriting and processing fees of $250, while other companies may add application fees, lock fees, or various other fees) and from charging points. A broker will make their primary income from the lender they originated the loan with. A lender will make their primary income from selling the loan to Wall Street in the secondary market. |
If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you. |
Search Google Answers for |
Google Home - Answers FAQ - Terms of Service - Privacy Policy |