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Mortgage Broker mark ups?

Started by berkts
almost 18 years ago
Posts: 4
Member since: Feb 2008
Discussion about
Can mortgage brokers mark up transfer taxes, recording taxes and title fees? I know they routinely mark up the bank fees (application fee, credit report, etc), but the taxes and title are slightly higher than they should be, unless they are padding those figures to be safe.
Response by northsider
almost 18 years ago
Posts: 28
Member since: Oct 2007

they pad those figures to be safe. in the end its not the mortgage company that pays it but rather you or you through the title co.

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