Mortgage banker

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A Mortgage Banker can be an individual, company or financial institution that on it's own or with the help of loan officers and/or mortgage brokers originates, services and sells mortgage loans on the secondary market.

Don't confuse a mortgage banker with a mortgage broker. These are completely different real estate terms that have a clear distinction. The distinction lies in the fact that a mortgage banker originates, sells and services the loans whereas a mortgage broker only brings the two parties mortgage banker and borrower together.

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