About Writer Anthony Harrison owns a mortgage and finance broker based in the UK. He has over 16 years banking experience and is passionate about offering free, financial advice. Visit him at http://www.capitalmortgagesolutions.co.uk
Fees Paid To Brokers Are Far Too High There can be no justification for some of the fees paid by lenders. Proc fees of 2.75%-plus are simply deplorable when it is clients who will ultimately pay the price through an extra loading on the interest rate they pay, be it at the front end or - as is more common with some lenders - at the back end after an initial deep discount.Traditionally, high proc fees were justified by the relative...... Similar Editorial : IT Professional Fees by Andrew Neitlich. | Source : Commodity Trading Jobs
How Not To Be Ripped Off By Mortgage Brokers Talk about giving the industry a bad name!I worked for a mortgage lender until quite recently and I used to be shocked at the fees that brokers charged their clients. I mean lets put this whole "mortgage arranging" thing into perspective.Assume I am meeting a client today. The guy walks into my office and sits down and has a chat with me about getting a mortgage.It appears that he is not a "clean"...... Similar Editorial : Mortgage Brokers or Banks by Lana Hampton. | Source : Jumbo Mortgage