Real Estate Glossary



  Mortgage Broker

An individual or company that brings borrowers and lenders together for the purpose of loan origination. Mortgage brokers typically require a fee or a commission for their services.

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."

There are an estimated 20,000 mortgage brokerage operations from coast to coast. They originate more than half of the residential loans in the U.S.

A mortgage broker has professional expertise that can assist mortgage seekers in finding the best loan for them. The mortgage broker is also experienced in offering many applicable financing options for a consumer's specific needs.

 

[ Back To Real Estate Glossary ]


Stephanie Smith, REALTOR,
Westfield, New Jersey Real Estate
Antique & Historic Homes
Corporate Relocation
Beach & Waterfront Properties
Coldwell Banker Residential Brokerage,
209 Central Avenue,Westfield, New Jersey 07090

Great Links:
Westfield, NJ Westfield Today
Westfield, NJ Historic Society
Westfield, NJ Chamber of Commerce Westfield, NJ Trader Joe's Westfield, NJ Starbucks
New York City Historical Society
Attention Horse Lovers!


Find Your Dream Home | My Listings | Recent Sales | Click for Info | Market Analysis | GardenState MLS | Important Area Links | Important Numbers | Weather Report | Resources & Links | Staging Suggestions | About Me | Contact Stephanie | Blog | Corporate Website | Mortgage Calculator | Mortgage Rates | Real Estate News | Dining & Shopping | Recent Homes Sales | HGTV | Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu