Ok. A fee of $125 for a standard refi is unacceptable to me.

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Ok. A fee of $125 for a standard refi is unacceptable to me.
Posted by grapebed of MO on 6/16/22 10:55am	Msg #640783

I am doing a commercial refi today for Fidelity Title (located in another state). This is very rare for me. Print one set of a 91 package document. No scans. The borrower is flexible for any time today.. "How much would you charge?" asked the Escrow Officer. I said $200. I was abivalent as to whether I got the job or not. He said "OK, that's fair".

So I picked the time of 1:00pm today. It does fit perfectly. However, I want to be careful about deviating from my "just say no" policy to loan signings ( and drugs). Doing most loan signings is a losers game. I won't travel down that rabbit hole ever again.

A RON for Amrock is the occasional exception. That will soon completely disappear as most borrowers will not refi in to a 6.5% 30-year mortgage.

Messages in this Thread
	How did you prepare to become a LSA? - Mobile1/PA on 6/14/22 8:07am
	There’s only one consensus opinion. This is a dying biz. - grapebed on 6/14/22 12:14pm
	Re: How did you prepare to become a LSA? - aanotary on 6/14/22 2:15pm
	Re: How did you prepare to become a LSA? - ladyknc on 6/14/22 3:16pm
	Not only that... - JanetK_CA on 6/14/22 4:30pm
	I totally agree, Janet. It is happening faster than I would - grapebed on 6/14/22 4:39pm
	Re: I totally agree, Janet. It is happening faster than I would - JanetK_CA on 6/14/22 5:52pm
	None of you answered the question! n/m - Mobile1/PA on 6/14/22 6:38pm
	What is your break even fee? - Mobile1/PA on 6/14/22 6:49pm
	"My time is worthless", then that's exactly how much you - grapebed on 6/14/22 8:12pm
	Re: What is your break even fee? - Lee/AR on 6/15/22 11:15am
	Agree with Lee/AR. No one-fee-fits all. - Yoli/CA on 6/15/22 12:20pm
	Re: What is your break even fee? - JanetK_CA on 6/15/22 6:09pm
	Answer your own question then?? n/m - PaigeTurner on 6/16/22 7:06am
	Re: Answer your own question then?? - Mobile1/PA on 6/16/22 7:51am
	Wrong again... - PaigeTurner on 6/16/22 2:22pm
	PS...We are NSAs not LSAs. n/m - PaigeTurner on 6/16/22 2:24pm
	wow n/m - Mobile1/PA on 6/16/22 7:04pm
	Re: How did you prepare to become a LSA? - Expeditor on 6/15/22 12:10pm
	Re: How did you prepare to become a LSA? - Mobile1/PA on 6/15/22 1:27pm
	something better'n nothing contributes to declining fees - Lee/AR on 6/15/22 1:39pm
	Re: How did you prepare to become a LSA? - Expeditor on 6/15/22 6:26pm
	Re: How did you prepare to become a LSA? - Mobile1/PA on 6/15/22 7:00pm
	Re: How did you prepare to become a LSA? - Yoli/CA on 6/15/22 12:35pm
	Re: How did you prepare to become a LSA? - Mobile1/PA on 6/15/22 1:38pm
	Re: How did you prepare to become a LSA? - Yoli/CA on 6/15/22 1:56pm
	Re: How did you prepare to become a LSA? - Mobile1/PA on 6/15/22 2:39pm
	Lifeguard jobs (both outdoor and indoor) pay $23 an hour - grapebed on 6/15/22 7:47pm
	5 years ago,if you were earning $100-$125 for an assigment, - grapebed on 6/15/22 1:53pm
	Ok. A fee of $125 for a standard refi is unacceptable to me. - grapebed on 6/16/22 10:55am
	Re: Ok. A fee of $125 for a standard refi is unacceptable to me. - ananotary on 6/17/22 7:02pm
	Part 1 - LSA v NSA - BrendaTx on 6/18/22 11:53pm
	Re: Part 1 - LSA v NSA - Mobile1/PA on 6/20/22 2:39pm
	There is no debate here. I am sure of what I said. n/m - BrendaTx on 6/20/22 3:01pm
	PART II - Figuring a Reasonable fee for You - BrendaTx on 6/19/22 12:15am
	I hate not being able to correct a typo! - BrendaTx on 6/19/22 12:17am
	Re: PART II - Figuring a Reasonable fee for You - BrendaTx on 6/19/22 12:23am
	Great stuff, Brenda! [I've added this to Msg #630000] n/m - JanetK_CA on 6/19/22 8:32pm
	Re: Great stuff, Brenda! [I - BrendaTx on 6/19/22 9:16pm
	This is called a Budget - Mobile1/PA on 6/20/22 2:40pm
	Re: This is called a Budget - BrendaTx on 6/20/22 2:59pm

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