“They were much more susceptible to getting into loans that they didn’t understand,” said John Gieseker , a San Bruno broker with Prudential California Realty . “Immigrants have seen it as very important to own your own home because it’s a greater level of security, so they would push harder to buy something.” Broker fees may come in different forms, either as an addition to your interest rate, a separate fee, or points paid at closing. With all these additional fees, you might find that your best mortgage rate deal may not sound so great after all.
