Broker Burns is negotiating a first trust deed loan for buyers. The buyers have signed a contract for a fifteen year loan. What is the maximum commission for Broker Burns?
1. Five percent of the principal of the loan.
2. Ten percent of the principal of the loan.
3. Fifteen percent of the principal of the loan.
4. Two percent of the principal of the loan.
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Home » Business » Broker Burns is negotiating a first trust deed loan for buyers. The buyers have signed a contract for a fifteen year loan. What is the maximum commission for Broker Burns? 1. Five percent of the principal of the loan. 2.