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Broker Fees - No foal no fee? Whats usual ?

  • 05-02-2019 9:04pm
    #1
    anewme2050
    Registered Users Posts: 13 ✭


    Hi,

    Is there any fee to the person applying for a mortgage at all or does the successful bank pay the broker?


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,727 Mod ✭✭✭✭Henry Ford III


    The broker must disclose any fee or commission


  • #3
    anewme2050
    Registered Users Posts: 13 ✭anewme2050


    Henry Ford III wrote: »
    The broker must disclose any fee or commission

    But is there any fee to me the consumer usually?


  • #4
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,727 Mod ✭✭✭✭Henry Ford III


    anewme2050 wrote: »
    But is there any fee to me the consumer usually?

    Not being smart but you need to ask the Broker that.


  • #5
    Cape Clear
    Registered Users, Registered Users 2 Posts: 2,666 ✭✭✭Cape Clear


    anewme2050 wrote: »
    But is there any fee to me the consumer usually?

    We spoke with 3 brokers in 2011 or so 2 of the 3 wanted to charge a fee. We went with the guy who didn't with no regrets.


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