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Mortgage broker
A company that matches lenders with prospective borrowers who meet the lender's criteria. The mortgage broker does not make the loan, but receives payment from the lender for services.
Related Terms
Cooperating broker
Buyer broker
Seller broker
Flat fee
Broker
Realtor
Dual agency
Realtist
Real estate broker
Alternative mortgage
Rehabilitation mortgage
Purchase-money mortgage
Fully amortized adjustable-rate mortgage
Biweekly mortgage
Blanket mortgage
First mortgage
Buy-down mortgage
Convertible adjustable-rate mortgage
Growing-equity mortgage
Assumable mortgage
Freddie Mac
Fannie Mae
Impounds
Mortgage life insurance
Two-step mortgage
Multifamily mortgage
Graduated-payment mortgage (GPM)
Delinquent mortgage
Mortgage insurance
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