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Mortgage Brokers vs. Mortgage Bankers
Mortgage Brokers vs. Mortgage Bankers
What is the difference between a mortgage banker and a mortgage broker?
Simply put, a mortgage banker is the lender, whereas a mortgage broker represents several lending institutions and serves as a liaison between the lender and borrower.
Which is better? The answer is somewhat subjective. Here are some of the benefits of working with each, so you can decide which better meets your needs:
Mortgage Brokers…
The National Association of Mortgage Brokers defines a mortgage broker as an “independent real estate financing professional who specializes in the origination of residential and/or commercial mortgages.”
Brokers work individually with b…
In today's competitive market, you need a passionate, local advisor that can help you navigate the home buying and selling process. As a valued client, you'll receive:
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