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October 17, 2014

Small Mortgage Lenders Renew Call for Lower FHA Premiums; A Healthier MMIF?

By George Brooks

The fiscal 2014 audit report on the health of the FHA MMIF is expected to be released in mid-November.

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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
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
We’re a call center lender and don’t disclose that data point.

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