Mortgage Broker
Mortgage Broker
A company or a qualified person that obtains mortgages for borrowers by finding lending institutions, insurance companies or private sources to lend the money. If a person, mortgage broker called a loan officer.
A mortgage broker works for you, not for the ...
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Back End Pionts vs Front End Points
Back
End Points vs. Front End Points
A
point
is a type of mortgage slang for a percentage point. The technical term
for point is loan origination
fee.
In
laymen terms, a point is a fee you pay to a lender
or broker ...
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