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.
Generally speaking, a mortgage broker is probably going to make somewhere in the $60,000 to $70,000 per year. With mortgage brokers who are not as active and are not as good making somewhere around the $30,000 to $40,000 mark. Mortgage brokers who are amazing and who do a really good job, well truthfully the skyâs the limit. But you are probably looking maximum of somewhere around a $100,000 or $120,000 or something like that. So I hope that explains to you, how much a mortgage broker makes.