Hi Tony, Mark thought you might be able to help me with the following questions:
1 How much do banks pay a brokerage for the mortgage? As a % or as a fixed fee?
2 How much do brokers charge the clients for arranging the mortgage? Is this instead/as well as, commission earned from the bank?
3 What other income streams can be produced from this type of business, besides the arranging of mortgages?
Thanks so much,
Ben