mortgage broker
n.
A firm or person who arranges mortgages between borrowers and lenders.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


mortgage broker
Category: Real Estate & Rental Property → Buying a House

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Mortgage broker — A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more… …   Wikipedia

  • Mortgage Broker — An intermediary who brings mortgage borrowers and mortgage lenders together, but does not use its own funds to originate mortgages. A mortgage broker gathers paperwork from a borrower, and passes that paperwork along to a mortgage lender for… …   Investment dictionary

  • mortgage broker — A company or individual that places mortgage loans with lenders, but does not originate or service loans like a mortgage banker. Bloomberg Financial Dictionary …   Financial and business terms

  • mortgage broker — / mɔ:gɪdʒ ˌbrəυkə/ noun a person who arranges mortgages, by putting a borrower in touch with a possible lender …   Dictionary of banking and finance

  • mortgage broker — Person or firm who functions as intermediary between borrower and lender in securing loan, or places loans with investors …   Black's law dictionary

  • mortgage broker — Person or firm who functions as intermediary between borrower and lender in securing loan, or places loans with investors …   Black's law dictionary

  • Mortgage packagers — put together a complete case for a mortgage loan before it is submitted to the lender, reducing the risk of rejection from the lender. The services of a mortgage packager are used by a mortgage broker and cannot be accessed directly by members of …   Wikipedia

  • Mortgage Choice — Limited Type Public limited company Traded as ASX: MOC …   Wikipedia

  • Mortgage bank — A Mortgage bank specializes in originating and/or servicing mortgage loans. A mortgage bank is a state licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that …   Wikipedia

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

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