Avatar's Blog
» Broker Fees
Avatar Financial Group works with both brokers and borrowers directly. If a broker brings a loan to Avatar, we can collect the broker's fee (generally 1-3 points) at the time of closing and wrap those points into the loan. This helps to reduce the out of pocket expenses at closing.
We can also accept loans directly from borrowers. In this event, Avatar will assist the borrower in gathering the documents required to close the loan. Working directly with Avatar can save a borrower money. However, the value of having assistance in the development of an initial loan package and knowing which lenders to present the loan request to can be significant.
If you are unsure as to how to package your loan request, work with a reputable broker. If you are confident that your financial documents are in order and are ready to go it alone, use Avatar's borrower loan form at: /borrower-qualification.php to get started.
