Who Is Better - Mortgage Banker Or Mortgage Broker?
In a time that seems so long ago, when you applied for a mortgage it was assumed that the bank where your savings and checking accounts were would also get involved in lending. I can't exactly put my finger on what changed but we are now living in modern society - one with many more options than before! Banks still hold their own market share of home origination but other companies have stepped up to take over some space as well; they specialize specifically at mortgages alone instead of just providing loans like most banks used too back then. As one can imagine by looking at the number of competitors in this industry, there is a lot going on with regards to making money and getting loans. If you're looking for mortgages or finding ways around them then it's important that we cover some bases firstly as they play such an integral role when buying homes today! When discussing mortgage originators two main categories come into mind: Mortgage Bankers who provide loan service...