What is the average commission for a mortgage broker? Mortgage brokers work on commission, which are paid by you, by the lender, or by both you and the lender. If you work with a mortgage broker, the industry norm is for them to charge you an origination fee equal to 1 percent of the loan amount.
Is it better to refi or home equity loan? Mortgage Guide Typically, home equity loans and lines come with higher interest rates than cash-out refinances. They a... more