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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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Federal Laws
Major laws that govern financial institutions and protect individuals in their financial dealings
Organizations
Fannie Mae
Freddie Mac
Ginnie Mae
Nellie Mae
Sallie Mae
Consumer Info
Credit Bureau
Credit Report
Directory of Federal Agencies
Federal Trade Commission (FTC)
Identity Theft
Predatory Lending
Repair Your Bad Credit
Truth in Lending Act
Borrowers Beware
Copyright &
Disclaimer Info
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2004/2008
Miscellaneous
Private Mortgage Insurance (PMI)
Prepayment Penalty
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