Mortgage broker vs Mortgage lender

1
Mortgage Broker vs Mortgage lender

• To know about differences between mortgage lender
  and mortgage broker firstly we need to study in
  detail about what an mortgage broker and what is
  mortgage lender

2
Mortgage Broker in Detail

• A mortgage broker is an individual who works as
  an intermediary between a potential client and a
  lender. Brokers work as a helping hand and manage
  the whole mortgage process on behalf of their
  customers.

3
Mortgage lender in detail

• Mortgage lenders are loan officers who help the
  borrowers in completing the loan transaction.n
  several cases, it could be a bank, a credit
  union, or can be a single person or sometimes a
  group of people, or an investor.

4
Mortgage broker vs Mortgage lender

• The main and key difference between mortgage
  broker and mortgage lender is that mortgage
  broker charge on commission basis while
  mortgage lenders charge their fees when they
  complete the loan transaction directly from their
  clients

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Infographic Section
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Useful links

• Mortgage broker vs mortgage lender
• Real Estate Diary