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"New Loan Admin Fee" - legit or BS?
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Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48314694 added 03-08-2012 2:08 PM by lemontart in Archived Deals
Sounds like good advice, thanks!
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48293632 added 03-07-2012 8:13 PM by tiedyed1 in Archived Deals
I must chime in here as I have been in the industry for 19 years with my Company licensed in 12 States. Those who think a Mortgage Broker is a middleman are truly misinformed. We maintain wholesale...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48425742 added 03-13-2012 10:28 AM by tiedyed1 in Archived Deals
No offense taken LivninSC. When I owned a house in Pawleys Island, SC a while back I had a great experience with a broker (as I am not licensed in SC) and my experience was excellent. One thing...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48291308 added 03-07-2012 6:12 PM by lemontart in Archived Deals
hi guys I am gathering quotes for a refi and last week a broker sent me an itemized list of fees and at the bottom of the list is New loan admin fee - $695 Does this sound legit? Sounds ...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48420884 added 03-13-2012 7:51 AM by tiedyed1 in Archived Deals
Anytime. Feel free to PM me if you have any questions regarding your specific scenario. -Adam
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48425902 added 03-13-2012 10:33 AM by LivninSC in Archived Deals
This I do not doubt whatsoever however the benefit of going through a larger company is that if your processor is jerking you around if you make a stink you can go through someone else. Many times...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48291492 added 03-07-2012 6:20 PM by mavv in Archived Deals
Do not use a broker unless you really have to, you are just paying additional fees for the work that person (a middleman) performs. Deal directly with the lender, the newspaper's Monday business...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48426930 added 03-13-2012 11:06 AM by tiedyed1 in Archived Deals
Understood SC. Personally, I work on referrals from attorneys, CPA's and Realtors. (The Realtors appreciate that I can deliver loan commitments much faster than the norm so their offers can...
"New Loan Admin Fee" - legit or BS?
Expired
Thread created 03-07-2012 by lemontart
0 Score 8 Replies 1,375 Views
Post #48424498 added 03-13-2012 9:49 AM by LivninSC in Archived Deals
Nothing personal but I think they are dbags. Of about 15-18 loans/refinances over the years the ONLY HORRIBLE experiences I have had is when I have used a mortgage broker. My first purchase and the...

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