Mortgage Banker

A company, individual or institution that originates, sells and services mortgage loans.


Don't confuse a mortgage banker with a mortgage broker. The distinction lies in the fact that a mortgage banker originates and services the loans whereas a mortgage broker only brings the two parties of a loan together.



Understanding Your Mortgage - We walk through the steps needed to secure the best loan to finance the purchase of your home.

Understanding the Mortgage Payment Structure - We explain the calculation and payment process as well as the amortization schedule of home loans.

The Reverse Mortgage: A Retirement Tool - Discover another way to fund your retirement without having to make payments on a loan.
Related Terms

Conventional Mortgage

Fannie Mae

House Poor

Housing Market Index

Mortgage

Mortgage Broker

Origination

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