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What is a secondary market investor administrative fee?

  • May 04 2009 - Willmar
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Answers (5)

Those are both fees to your mortgage broker to do the loan.  That is standard.  The Admin to the lender is the fee to the lender, also standard.
  • May 04 2009
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But I'm paying $1030.00 for Loan Origination fee and $400 for processing fee.
  • May 04 2009
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It'll be the Admin fee for the actual lender.
  • May 04 2009
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Yes
  • May 04 2009
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Are you going through a mortgage broker?
  • May 04 2009
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