No. of Recommendations: 4
I guarantee that none of the L.O.'s of my last dozen mortgages (new & refi) made much money off of me.

They made what their company paid them. The way they priced the interest rate and associated fees had no impcat on how they were paid. As plantoborrow states, they made a percentage of your loan amount. If your loan amount was under $75k, yep, they didn't make very much.

The fact that the mortgage originator you used was in a call center and not self sourcing their own business, means they also made a far lesser percentage of that loan amount than a mortgage originator working "the street" would earn as a percentage. Their system is established for the call center originator to take a call, submit an application, and grab the next call.

RayVT - you're really talking nonsense, just put down that shovel and quit digging. I promise, I won't argue spreadsheets if you will stop taking your personal experience and five minutes of google time to portray an entire industry and tell those of us who live this business daily what we do or don't earn. Or, for that matter, where I business comes from. It's just really nonsense.
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