Table Shows Aspen Grove Background Check Fees For $3 Mortgage Inspections
The large majority of Mortgage Order Mills (MOMs) require that mortgage inspectors pay for a background check. These same MOMs require that the mortgage inspector purchase a $1,200 E&O insurance policy upfront.
About 99% of field service firms outside the mortgage segment do not require an inspector to pay for a background check.
The average mortgage inspection pays about $3 and the profit is “maybe” $1.50.