WAC 208-620-565. What fees am I allowed to charge or receive when acting as a residential mortgage loan broker under the act?

(1) A broker's fee not to exceed four percent of the first twenty thousand dollars and two percent thereafter of the principal amount of the loan advanced to or for the direct benefit of the borrower, which fee may be included in the principal balance of the loan. (2) A processing fee when paid to an independent third-party processor.