Broker friendly discussion. Investor questions.
Hi everyone, I am curious to know why some investors use loan brokers? or why they don't. What are some DO's and Don't's when dealing with a loan broker? what should your expectations be?
Questions For brokers- what (broker friendly) banks do you prefer to work with, & why? what do you expect from an Investor as far as collection of docs? what's the industry standard point fee*? When do you determine to decrease your fee? If ever.