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  1. Dictionary
    mortgage broker

    noun

    • 1. a person or company that arranges mortgages between borrowers and lenders: "get an independent mortgage broker to check the deal represents a good rate"
  2. May 24, 2024 · A mortgage broker is an intermediary who brings mortgage borrowers and mortgage lenders together but does not use its own funds to originate mortgages.

  3. May 6, 2024 · A mortgage broker works as an intermediary between homebuyers and mortgage lenders. Whether you’re buying a home or refinancing an existing loan, a mortgage broker is someone who can guide you through the home buying process.

  4. Apr 5, 2024 · A mortgage broker acts as an intermediary between you and potential lenders. The broker’s job is to compare mortgage lenders on your behalf and find interest rates that fit your needs....

  5. A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. As markets for mortgages have become more competitive, however, the role of the mortgage broker has become more popular.

  6. A mortgage broker is a liaison officer or intermediary who helps homebuyers find the best mortgage and lender for their financial circumstances. As a mortgage broker, you'll work with lenders to identify the terms and rates that best suit your client's (the mortgage borrower) needs.

  7. A mortgage broker refers to a middleman who manages the mortgage loan process for businesses or people. Basically, they connect mortgage lenders and borrowers without using their own funds to establish the connection.

  8. Dec 19, 2023 · Using a mortgage broker gives you access to lenders you may not have known existed, some of which only do business through mortgage brokers. You could get a lower rate and better terms.