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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingIs 1% mortgage broker commission reasonable?
Oren H.'s profile image
Oren H.'s profile image
Oren H.
  • Real Estate Investor
  • from San jose, California
  • Member since Jun 13, 2013
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Oren H.'s profile image
Oren H.'s profile image
Oren H.
  • Real Estate Investor
  • from San jose, California
  • Member since Jun 13, 2013
Connect
Oren H.
  • Real Estate Investor
  • San jose, CA
8
Votes |
30
Posts
Multi-Family and Apartment Investing

Is 1% mortgage broker commission reasonable?

Oren H.
  • Real Estate Investor
  • San jose, CA
Posted May 4 2015, 22:02

I am looking to get a commercial loan on a small 6-10 unit residential property in San Jose CA. Loan will be <$2m. Is paying 1% of loan as a commission to the mortgage broker reasonable? 

Thanks!

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