Depends on the loan officer.... and lender. But basically, it is the same.
Now... if you are buying a $65K house... the lender will likely try to make a couple of points in the rate. (marking up the wholesale rate to retail rate = income for the lender.... the more the rate hike the more the compensation)
If you are buying a $250k home... that rate increase will be less.
Bottom line: Loan officers do NOT work on 1% origination fee alone. And the lender fees on top of that are usually not shared with the loan officer.
Tell us more about your situation and remember that rate/fees have a direct coorelation.
we can tell you if your deal is fair
Retired Lender
