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What is the difference between a mortgage broker and a mortgage lender?

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(@helen-olamide)
Posts: 2050
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[#2639]

What is the difference between a mortgage broker and a mortgage lender?


 
Posted : 28/04/2024 4:34 pm
(@edwardadex233)
Posts: 1000
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The main difference between a mortgage broker and a mortgage lender is that a mortgage lender provides the funds to purchase a home, while a mortgage broker acts as a middleman to connect borrowers with potential lenders. Mortgage brokers don't lend money, but instead work with many lenders to find the best loan option for their clients.


 
Posted : 30/04/2024 5:40 pm
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