How much does a mortgage broker make on a single loan?

A mortgage broker typically earns 1% to 2% of the loan amount on a single loan, paid as an origination fee by the borrower or the lender, but not both. Federal law prohibits the commission from varying based on the terms of the mortgage, such as the interest rate. Some brokers charge a flat fee instead, and brokers must be licensed and disclose their fees upfront.

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