Florida Mortgage Brokerage Fee Agreement

Florida mortgage brokers, sign up clients with this ready-made Mortgage Brokerage Fee Agreement.

The borrower retains the broker as its exclusive agent for obtaining mortgage loan approval from a lender.
The broker will obtain a credit report and property appraisal and will prepare the loan application.
The borrower will pay a mortgage broker fee to the broker. The broker may receive additional compensation from the funding lender, calculated as a percentage of the loan amount and based on the interest rate and loan terms.
The borrower also agrees to pay a non-refundable application fee, which will be credited against the broker's fees at closing.
The agreement contains the required Florida mortgage broker disclosures.
The broker stipulates that there is no guarantee or promise that the borrower will obtain a mortgage loan as a result of the broker's efforts.

This Florida Mortgage Brokerage Fee Agreement is provided in MS Word format, and is fully editable to meet your specific circumstances.