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Mortgage Originator – A mortgage originator is the original mortgage lender and can be either a mortgage broker or a mortgage banker. Mortgage originators are part of the primary mortgage market and must work with.
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Why mortgage brokers are our industry’s Cinderella story – After the housing market crash of 2008, mortgage brokers’ market share dropped to less than 10 percent. Today, their market share is back up to 17 percent – the highest it’s been in almost a decade. A.
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Mortgage Process | Know Your Options – Mortgage Broker – Similar to above, a broker doesn’t work for a particular financing institution. Instead, they work with multiple lenders to find you the best rate or loan product to meet your needs. financial institution (bank, Credit Union, etc.) – Most major and local banks offer mortgage products, and it’s always a good idea to check.
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