| I havent read the board in a few days and am actually quite leary of posting but I wanted to clarify something about our fees. First off, we pay $50 on a CASH deal that is under 20 pages. We collect $80 from our clients on these transactions so our profit is $30. Should the package go over 20 pages by even one page, the payment than jumps to $100 for and e-doc loan and $75 for an overnight. In addition, since I am laying it all out on the table, I would like to add that we charge our clients $150 for e-docs and $125 for overnight docs. In addition, we pay full fee for recissions, print/trip and time fees of $75 for just showing up and the borrowers refuse to sign, full fee on cancellations when time was actually spent at the table. I just to be clear on what our policies are. We are NOT one of the SS's that pay $50 full loans and if you ask for most that have worked for us, I am confident that they will also say that we pay in a timely manner (usually between 10-14 days post closing). So there it is in a nutshell. Should you have any additional questions, please feel free to give me a call - 888-362-3656 and I will be happy to discuss any and all fees with you personally. |
