Mortgage Broker Fee in Maryland - What's Legal?

[Nicole Bryan]

Hi everyone!

I have an agreement with a broker in Maryland to pay them 2% for a deal that I just closed. I however learned later that he had charged the lender 1.5%. I read somewhere that mortgage brokers cannot legally be paid by both the buyer and the lender. Is that correct?

Am I doing something wrong for writing this guy a check? The lender refused to put the broker's 2% on the HUD-1.

Thanks!

[Melvin List]

@Nicole Bryan if its not on the Closing Statement then it's not legal