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Mortgage Lender
- A mortgage lender is the lender (a bank or other financial institution) providing funds for a home mortgage loan. A mortgage loan is money you borrow from a lender to finance the purchase of real estate - the land, house, and all other buildings.
- Lenders also manage the credit and financial information review, the property and the loan application process through closing.
- Mortgage brokers are companies or individuals that work closely with wholesale mortgage lenders to provide you with a wide selection of mortgages.
- The mortgage broker originates the loan for you. The mortgage lender funds the loan for you.
Read about Mortgage Brokers
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