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Mortgage Broker Definition – A mortgage broker is an intermediary who brings mortgage borrowers and mortgage lenders together, but does not use its own funds to originate mortgages.
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Difference Between a Mortgage Banker vs. a Mortgage Broker – A mortgage broker doesn’t represent one institution, but works with many to shop for a loan for a specific individual. The banker is a direct lender. The broker is a middleman between you and the lender. The jobs are similar and the federal Bureau of Labor Statistics lists both as "loan officers" with similar functions and pay.
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Tesco launches new build service for brokers – Tesco has launched a dedicated new build service for brokers to speed up processing times and ensure more customers can access its mortgage products. will be amongst the best available.” Simon.