| Name:
Twila Hensel
Title of Question:
Fees charged |
|
Question: Does Florida charge a $1000.00 fee for refinancing through a broker out of state.rnmeaning, I live in florida, I am refinancing and using a california Broker and she told me friday, Florida is charging us a $1000.00 fee. |
Post Your Answer To The Question Above:
Name:
Sarah
| Date: April 25, 2006, 2:44 am
| 
|
| Answer:
Oh, I don't know about that. My company can do loans in Florida and there is nothing like that. We are in California have to pay 10% to a company we are licensed through to be able to do loans in Florida, but they are a company, and that comes out of OUR pay. We pay nothing to Florida. If you have any questions please, feel free to email me at sarahbixb@gmailcom. I hate when people are being ripped off. I just a fee of just 1%. Most brokers/loan officers charge 2%-4%. It may not seem like much of a difference, but imagine your loan amount being $300,000, if you were charged the average of 3% or 4% it would be $9,000-$12,000 whereas with my fee of 1% at 3,000. That is saving thousands of dollars on the fee alone. I work with wholesale lenders nationwide to get you wholesale prices with tons of products to choose from. Feel free to email me if you have additional questions.
sarahbixb@gmailcom |
| Name:
MortgageTeamFlorida.com
| Date: May 16, 2006, 11:06 pm
|
|
Answer:
Twila,(br)
No such State fee exists. May I suggest you use a Florida Mortgage Broker instead. Several reasons for doing this..main one being that some lenders have some quirks regarding Florida, Georgia and California and it always is best to use a local Licensed Broker in those states that are most familiar with the lender quirks. Good Luck!
Www.MortgageTeamFlorida.com |
|
