Mortgage broker

Business / Construction / Mortgage broker : A broker who represents numerous lenders and helps consumers find affordable mortgages: the broker charges a fee only if the consumer finds a loan.

Other Words for Broker

Broker Noun Synonyms: stockbroker, agent, dealer, middleman, intermediary, go-between, stockjobber
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Finance Charge

Business / Finance / Finance Charge: A discipline concerned with determining value and making decisions. The finance function allocates resources, including the acquiring, investing, and managing of resources. MORE

Yield Spread Premium (YSP)

Business / Loan / Yield Spread Premium (YSP): This is a payment made by a lender to a mortgage broker in connection with a borrower's mortgage transaction. It is shown on the Settlement Statement (HUD-1), but often in a way that is difficult to u MORE

Lender Paid Compensation To Broker

Business / Loan / Lender Paid Compensation To Broker: This is also called the Yield Spread Premium. Fee which the lender pays to the mortgage broker for obtaining the loan for his client. MORE

Mortgage Broker-Company

Business / Real Estate / Mortgage Broker-Company: A person or firm that acts as an intermediary between borrower and lender, one who, for compensation or gain, negotiates, sells or arranges loans and sometimes continues to service the loans, also cal MORE

Permian Period

Science / Biology / Permian Period: The last geologic time period of the Paleozoic Era, noted for the greatest mass extinction in earth history, when nearly 96% of species died out. MORE

Permission

Technology / Email / Permission: The implicit approval given when a person actively requests to have their own email address added to a list. MORE

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