How much does a mortgage broker make per loan? On average, this compensation can range from roughly 50 basis points (0.50% of the mortgage amount) for one-year terms to 110 basis points (1.10% of the mortgage amount) for five year terms at prime lenders. As a quick example, suppose your mortgage broker helps you close a $300,000 four-year fixed mortgage.
Do bank accounts go through probate? Mortgage Guide Jointly owned assets that transfer to the surviving owner do not go through probate. (This kind of joint own... more