mortgage broker

Definition
An individual or company which brings borrowers and lenders together for the purpose of loan origination, but which does not originate or service the mortgages. The broker might also negotiate with the lender to try and find the best possible financing deal possible for the borrower.




mortgage broker is ...
... part of the
Lending & Credit and Real Estate subjects.


Related Terms

mortgage banker -
mortgage originator -  More
good faith estimate -  More
Certified Mortgage Consultant, Certified Residential Mortgage Specialist, General Mortgage Associate


mortgage broker appears in the definitions of these other terms on BusinessDictionary.com

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