Mortgage dudes

[Ramhock]

As some of you know, I just entered the insanity known as mortgages, 4 weeks ago.

 

I have 4 loans on the "board". I don't know how your shop works but once they fax the docs and order the appraisal, up it goes. I am told that about 80% of the ones that get to the board, go through funding.

 

Is that an accurate figure? Because the fees on these total 26,200, my cut if they all go, 9,170. The old commision only.

 

Daddy needs to know.