Recent Post
Do mortgage brokers do loans?
Unlike lenders, who lend you money directly, a broker doesn't provide loans. They have relationships with a variety of...
Is loan originator same as lender?
A loan originator can refer to the entity or institution (lender) that initiates the loan and also the individual...
How does mortgage broker make money?
They typically earn a commission of around 1% to 2% of the loan value. Mortgage brokers can work independently or belong...
What is the difference between a mortgage banker and a loan originator?
A mortgage loan originator is different from a mortgage banker in that the originator will not make a decision to approve ...
Is a loan officer the same as a loan originator?
They can also be referred to as a loan officer. When you apply for a home loan, you can work with a loan officer, or you...
What is the difference between lender and originator?
A mortgage loan originator (MLO) is a person or institution that helps a prospective borrower obtain the right mortgage...
In what way is a mortgage broker different than getting a loan from a bank?
Mortgage brokers work with a variety of lenders, giving them access to many products at many prices. That means you can...
What does brokering a loan mean?
A loan broker, or mortgage broker, is the intermediate person between a lender and a borrower. While a borrower can take...
