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  2. Wholesale mortgage lenders - Wikipedia

    en.wikipedia.org/wiki/Wholesale_mortgage_lenders

    The mortgage broker originates the loan; however, the funding of the loan as well as the decision on the creditworthiness of the loan is handled by the wholesale lender. [2] The name of the wholesale lender typically appears on the loan documents, while the broker acts as an agent for the lender and collects a fee. [3]

  3. Mortgage brokers: What they are and how they can help - AOL

    www.aol.com/finance/mortgage-brokers-help...

    A mortgage broker can save you money on the loan itself: Brokers have access to a broader mix of loans and lenders (including some you wouldn’t have access to as an individual). So they may be ...

  4. Mortgage broker - Wikipedia

    en.wikipedia.org/wiki/Mortgage_broker

    The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.

  5. Mortgage bankers: Who they are and what they do in home lending

    www.aol.com/finance/mortgage-bankers-home...

    Mortgage bankers do this to free up more capital to make more loans to more borrowers. ... For example, you might also work with a mortgage broker or a loan officer, both of which have certain ...

  6. Credit broker - Wikipedia

    en.wikipedia.org/wiki/Credit_broker

    In business and law, a credit broker is a company or individual that deals in brokerage of consumer credit. Essentially a credit broker links somebody looking for consumer credit, a debtor, with a company or individual willing to provide it, a creditor, normally for a commission. Credit brokers include mortgage brokers and loan brokers. The ...

  7. How to choose a mortgage lender: 6 tips - AOL

    www.aol.com/finance/choose-mortgage-lender-6...

    Brokers usually charge a small percentage of the loan amount (generally 1 to 2 percent) for their services, which the lender pays for (but passes on to you as part of the cost of your mortgage).

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