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更新日期:2018-12-17
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A mortgage broker is 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 underwriting and approval.
Definition of mortgage broker: Financing professional who seeks to obtain optimum rates and terms on behalf of a borrower but is not a party to the transaction.