One of the mortgage blogs I read (or listen to) regularly is Tyler Osby’s Mortgage with Wealth. Even though he’s located in Iowa, he shares information that can be helpful for home buyers, regardless of where they live.
He recently emailed me this video, where he explains how mortgage lenders get paid. It’s just 5 minutes long and will explain a bit about the fees, as well as the front-end vs. the back-end of the mortgage compensation structure. If you are shopping for a loan, you need to know these kind of details, so you really are making accurate comparisons.
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