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July 23, 2014

Jumbo Borrowers Prefer To Work With Their Primary Bank on Mortgage Financing

By Brandon Ivey

While affluent borrowers prefer to obtain mortgage financing from their primary bank, some in this category are willing to shop, particularly when competing lenders offer lower interest rates or more attractive loan products.

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In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

25 to 50 basis points per loan
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