Mortgage broker fee agreement form fillable pdfMortgage Broker Fee Agreement • July 21st, 2023
Contract Type FiledJuly 21st, 2023A mortgage broker fee agreement is a legal real estate contract between a mortgage broker and a real estate property buyer. The agreement outlines the terms and conditions in which a mortgage broker will be receiving fees for the service of helping facilitate a borrower and a lender closing on a mortgage loan.Entering into an agreement with a mortgage broker does not require a buyer to obtain a mortgage through the broker and does not mean the borrower is approved for a loan. Instead, a mortgage broker acts as a neutral third party to help complete the borrower's and the lender's transactions. Below is a list of common sections included in Mortgage Broker Fee Agreements.