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glendazamot
Posts: 73
Registered: ‎07-28-2012

Question about USDA guaranteed loan and broker fee

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‎01-09-2013 02:23 PM

Okay I was just preapproved for a USDA home loan I applied through a broker and the broker fee is about $4200 is that the acceptable or is that out of the normal? Should I be applying with other brokers or what should I do any advice thank you.
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JM-AM
Posts: 3,303
Registered: ‎06-09-2010

Re: Question about USDA guaranteed loan and broker fee

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‎01-09-2013 02:40 PM

Its typically a percentage based on the loan amount.

 

No way to determine by you just giving a basic number.

Good Luck
May all your dreams and wishes become a reality!
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