What is a Mortgage Lender?
July 1, 1999
A mortgage lender is a financing professional specializing in the entire loan: processing,underwriting,approving,funding ,closing and trading. They can originate, fund, and service loans without having to go to anyone else. Mortgage lenders work directly with investors and can also work directly with borrowers. Having the biggest part in the mortgage market, a mortgage lender stands as its main and most important player in mortgage market.
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