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Reverse Mortgage Doc Rates
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Posted by Jack Tri on 6/1/08 1:21am
Msg #249589

Reverse Mortgage Doc Rates

Signing co. Gets 225.00 overnight edocs 275.00
Signing agent Gets How much??
overnite?
edocs?

And what about the disclosure papers sent out 1st how much do you charge ?
signing co gets 150.00

Reply by Lee/AR on 6/1/08 2:03am
Msg #249591

You gotta do your own homework. What does it COST you to do a signing here, there, wherever? What do you need to have over cost to stay in business? Voila! You have 'your fee'. Stick to it. Disclosure papers are a/k/a RESPA signings. From reading this & other boards, it's my impression that they take as long as, if not longer than, the actual RM. (Never done one because I don't want to.) But, if you need figures handed to you--check out PAWs post a page or two back.


 
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