[ConcernedLemming]

or do they get a cut of the interest payments each month? So after I close on a loan, has my mortgage broker made all his money, or does he get a bit each month for the life of my loan?A few months ago I refinanced with no closing costs. The biggest surprise was that there really were no closing costs. They didn't rip me off on surprise fees etc. (I wrote a big fat check, but it was all partial month's interest; funding my new escrow; and other things I was going to pay one way or another anyway.) Bottom line is I have a mortgage broker who doesn't charge closing costs, for real, and I'd like to use him again since rates have dropped about 3/4 points since I refinanced.Will my broker be happy to hear that I'm ready for another re-fi? Or would he want me to keep making payments on my present loan, in which case I'd expect him to be less helpful.