How Mortgage Lenders Make Money: Duane Buziak Breaks Down the $400,000 Loan
Duane Buziak explains how mortgage lenders make money by breaking down a real $400,000 loan example, revealing the origination fees, secondary market premiums, and servicing income that add up to $10,000-$12,000 in near-term revenue per transaction.
Too Many Hard Inquiries From Mortgage Shopping? Duane Buziak Explains the 45-Day Rule
Borrowers who worry about too many hard inquiries from mortgage shopping can relax: FICO and VantageScore both treat multiple mortgage pulls within a defined window as a single inquiry. This article breaks down the 45-day rule so you can compare lenders without fear of tanking your credit score.
Why GrandRates.com? Duane Buziak Explains His Independent Mortgage Rate Comparison Approach
This article answers why GrandRates.com exists: broker Duane Buziak built an independent, no-credit-hit comparison process that shops hundreds of wholesale lenders instead of relying on one company’s rate sheet. It shows how even a small rate difference, like 0.375 points on a $400,000 loan, can cost thousands more over a five-year hold if you only get one quote.