A tendon or sinew is a tough band of fibrous connective tissue that usually connects muscle to bone and is capable of withstanding tension. Tendons are similar to ligaments; both are made of collagen. Ligaments join one bone to another bone, while tendons connect muscle to bone.
In saying that, a mortgage broker is generally paid in two different ways. Firstly, the largest portion of their payment is in an upfront commission when you sign on to your loan. The second portion is a recurring commission that is calculated based on the remaining loan amount each year and is paid on a monthly basis.
Brokers make money by charging commissions on each trade and collecting fees from investors. It's important to understand how these commissions and fees work. First of all, most brokers require a minimum deposit in your brokerage account. It's similar to a bank account, and the broker will withdraw money from it every time he or she needs to make a trade.