Who pays the broker services fee? I am trying to figure out what is important.
The Broker Agreement should define what the broker will do, for what fee and who will pay. That agreement is between the broker and you, the borrower. The fee may be paid by the borrower, the lender, or a combination. If you see "yield spread premium" that is often a fee paid by the lender to the broker. It represents a fee based on the difference between what is being paid and what may have otherwise been available.
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The Broker Agreement should define what the broker will do, for what fee and who will pay. That agreement is between the broker and you, the borrower. The fee may be paid by the borrower, the lender, or a combination. If you see "yield spread premium" that is often a fee paid by the lender to the broker. It represents a fee based on the difference between what is being paid and what may have otherwise been available.
