Mortgage Broker

A mortgage broker is defined as the firm that originates and processes loans for a number of lenders.

Mortgage Broker Explained

mortgage broker is a licensed person or firm that as a middleman between you and potential lenders. The broker’s job is to work on your behalf with several financial institutions to find mortgage lenders with competitive interest rates that best fit your needs. A mortgage-broker arranges the funding for a client but does not itself loan money,