Bank Loan Officers Vs Mortgage Brokers

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Posted on December 10, 2018 at 17:03 PM

Reviewed by on Thursday January 17 2019 Admin 8 out of 10 based on 16 user ratings
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Recent Posts For Bank Loan Officers Vs Mortgage Brokers

Mortgage brokers vs. bank loan officers - Pauline Shah
The biggest difference between a mortgage broker and a loan officer is that a loan officer works for a lending institution (a bank, credit union, or others) to promote and process loans only originated from that institution.
Mortgage brokers vs. bank loan officers - American Fidelity
Mortgage Brokers. A mortgage broker (either a company or an individual) is an independent agent for both the mortgage loan borrower and the lender. A mortgage broker facilitates things between you and your lender, which can be one of the following: a bank, trust company, credit union, mortgage corporation, finance company or even an individual ...
Should You Use a Mortgage Broker or a Bank Loan Officer ...
Mortgage Brokers. Mortgage brokers match borrowers with lenders. They work as “free agents” for multiple different lenders and earn a fee or commission when they sell a mortgage to a bank. Just like talent agents shop aspiring actors to movie studies, mortgage brokers approach different lenders with borrowers’ applications.

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