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Disclaimer
Some companies, known as "mortgage brokers" offer to find you a mortgage lender willing to make you a loan. A mortgage broker may operate as an independent business and may not be operating as your "agent" or representative. Your mortgage broker may be paid by the lender, you as the borrower, or both. You may wish to ask about the fees that the mortgage broker will receive for its services.
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CLOs. Computer loan origination systems Interest Rate, "Points" & Other Fees Lender-Required Settlement Costs Resources Source:
U.S. Department of
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