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.
Here are some ways mortgage brokers cannot get paid 1  : They cannot charge you hidden fees. 2  They cannot tie their pay to your loanâs interest rate. 3  They cannot get paid for steering you in the direction of an affiliated business, such as a title company. 4  In general, they cannot be paid by both you and the lender.