Besides the printing and courier services? The costs involved in running this business have been discussed here numerous times. I believe my time and experience have worth and my fees reflect that conviction. By the way, my HELOC fee is higher than $115 ... and, yes, ORTC does and will pay commensurate fees. They call me; we talk; most times, we agree, once in a while we don't. It's called negotiations.
I do have a question, however. Maybe it's a California thing? In my experience, loan mod pkgs are approximately 12-15 pages and HELOCs are closer to 50+ pages. OP did specifically mention HELOC and I want to be sure we're discussing the same product. |
Messages in this Thread |
| There is an upside to rising interest rates for some. - Mills Mobile Notary Service on 6/24/22 1:22pm |
| ARMs are making a comeback, too, for some. n/m - JanetK_CA on 6/24/22 1:55pm |
| 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/24/22 2:53pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 7:39am |
| Break-even is term used in the bond market. Inflation - grapebed on 6/25/22 11:15am |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Yoli/CA on 6/25/22 12:39pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 2:39pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Yoli/CA on 6/25/22 3:13pm |
| 85% of the time, I won’t drive more than 4 miles one- - grapebed on 6/25/22 4:29pm |
| In addition to the cost of doing business, what really - grapebed on 6/25/22 3:26pm |
| Re: In addition to the cost of doing business, what really - PaigeTurner on 6/26/22 7:56pm |
| Not going to happen. Supply/demand is driving fees down & - MW/VA on 6/25/22 2:55pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - PaigeTurner on 6/25/22 5:39pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/25/22 5:53pm |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - JanetK_CA on 6/26/22 1:56am |
| Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/26/22 8:04am |
| Agree Janet - PaigeTurner on 6/26/22 7:37pm |
| Re: There is an upside to rising interest rates for some. - PaigeTurner on 6/26/22 7:32pm |
| Re: There is an upside to rising interest rates for some. - Expeditor on 6/27/22 1:00pm |