Mortgage Broker

Business / Loan / Mortgage Broker: A person or company that obtains a mortgage loan for the borrower from another lender. A mortgage broker will not always be representing the borrower and will not necessarily be looking after the borrower's best interests.

Other Words for Broker

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

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

Broker Agreement

Business / Loan / Broker Agreement: A contract between a borrower and a mortgage broker. It describes what the broker will do for the borrower, and the terms of the agreement, including compensation. MORE

Mortgage Rate

Business / Finance / Mortgage Rate: The interest rate on a mortgage loan. MORE

Mortgage REIT

Business / Finance / Mortgage REIT: An REIT that invests in loans secured by real estate that derives income from mortgage interest and fees. MORE

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Links
Home
Glossary
Thesaurus