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How much is a mortgage loan fee cost? in: Subjects › Personal Finance

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   posted: Nov. 5, 2009 @ 6:19p

My broker quoted me 1% of the house purchase price to do a mortgage loan, is that fair?
Where can I go to do some shopping?

And any recommendations that they can do a good loan under short sale scenarios?

Thanks,

Johnson


   posted: Nov. 5, 2009 @ 6:20p

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   posted: Nov. 5, 2009 @ 8:16p

Try the local large banks. Stay away from mortgage brokers. I know some folks have had good luck with them but I've heard too many horror stories to do anything other than go with a large bank. Shop around.

Message edited by: Xnarg on 2009-11-05 20:17:03 CST
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