Mortgage   Everything you need to know about mortgages.

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what is...
MORTGAGE BROKER
An independent contractor who offers the loan products of multiple lenders, termed wholesalers. A mortgage broker counsels on the loans available from different wholesalers, takes the application, and usually processes the loan.
ALSO SEE: BACK-END FEE OR COMMISSION, LOCK COMMITMENT LETTER, WHOLESALE LENDER, NEGATIVE POINTS, RETAIL LENDER, CHURNING

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