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09-18-2014, 01:00 PM #1
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- Jul 2014
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Time Out! Okay- Now, I agree with some brokers being shady (as does everyone) BUT Let's define a REAL Brokers responsibility. A Brokers main responsibility and the only way they make money is to assist the lender that they are working for in finding deals that fit their criteria. Brokers market for the big guys and in return bring business and receive commission. Money is expensive all together. The money that companies lend cost them money too... so the price and mark up isn't only the fault of a broker.
Yes, some online lenders do not take brokers... but has there been an article comparing those small business advance/loan company #s vs. those companies who are still reputable that take brokers? I would really love to see all aspects of how being a broker or taking brokers is a bad thing.
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09-18-2014, 04:02 PM #2
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09-18-2014, 04:51 PM #3
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But it also focuses on Brokers as a whole. I don't completely agree with fees unless they have to do with UW Fees or Legal Fees that are fully explained.
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