Search 5,000,000+ questions and answers.

Frequently Asked Questions

What Is a Mortgage Broker or Agent?

Pro Link Mortgage Inc.
Just as an insurance broker finds you the best deal on insurance, a mortgage agent finds you the best deal on a mortgage. Rather than working for one financial institution, I'm independent and deal with several different financial institutions. This allows me to offer you more choices and more competitive rates. It also means my advice is impartial and based on whatever is in your best interest.
Related Questions

What is the difference between a Broker and an Agent?

Freight Broker Training Frequently Asked Questions - Freight...
Agent works for an established Broker under the Broker's legal documents. It is typically an all-commission position.
Related Questions

Are you a mortgage broker?

faq
No. We have no vested interest in which mortgage broker you use. If necessary, we can refer you to mortgage brokers with which we have a proven track record. Ultimately, it is up to you.
Related Questions

Are you licensed as an agent or as a broker?

Frequently Asked Questions
I am licensed as a broker, the highest license granted, in both Maryland and Virginia. A broker's license requires more education, additional testing, and greater experience.
Related Questions

How do I become a mortgage broker?

Florida Real Estate Institute
Mortgage brokers are regulated under the Division of Securities and Finance with the Florida Office of Financial Regulation. For detailed information on becoming a mortgage broker, refer to this page.
Related Questions

Nebraska Mortgage Company - Nebraska Mortgage Help
A Mortgage Broker is an independent real estate financing professional who specializes in the origination of commercial and / or non-commercial mortgages. Mortgage Brokers normally pass on the actual funding and servicing of the loans to capitol sources who act as "wholesalers". There are approximatley 20,000 mortgage brokerage operations across the nation that originate over half (70%) of all residential mortgage loans in the US.
Related Questions

TheLowQuote.com - Frequently Asked Questions: Important thin...
A mortgage broker is an independent contractor who specializes in finding and comparing loan products from a variety of different lenders.
Related Questions

Alberta Mortgages & Mortgage Brokers FAQ - Gerry Orr
Mortgage Brokers are independent, trained professionals licensed to represent and provide you with the best advice for your mortgage needs. Mortgage Brokers primary expertise is locating funding for mortgage financing. They know where the best rates can be found. What's more, they have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing.
Related Questions

Free answers to your nevada home mortgage questions! Call us...
A mortgage broker is an individual, company or group of individuals who are licensed by the state in which they are located and are approved to represent wholesale mortgage lenders to potential customers. The mortgage broker provides the origination of the loan through the loan application process and credit review.
Related Questions

Oak Valley Mortgage-California Home Loans, Refinance, Debt C...
A mortgage broker is an independent real estate financing professional who specializes in the origination of residential/commercial mortgage loans. Mortgage Brokers normally pass the actual funding and servicing of loans on to "Wholesale Lending Sources" A Mortgage Broker is also an independent contractor working with (on average) as many as 40 lenders at any one time.
Related Questions

Trimor Financial: Trimor Financial Group of Companies
Mortgage Brokers represent you, the customer, not the lender. Our only job is to find our clients the absolute best mortgage product to fit their needs. We specialize in mortgage lending and only deal with lenders who can compete against the local branches for better rates, terms and service. Your mortgage broker is an independent Real Estate financing professional who specializes in the origination of residential and commercial mortgages.
Related Questions

Equitable Trust - Privacy Policy
There are several ways to locate a mortgage broker - Yellow Pages, real estate agents and friend/family referrals, as well as contacting your local provincial brokers association for a directory.
Related Questions

Darvin Mateo
A mortgage broker is an independent real estate financing professional who specializes in the origination of residential mortgage loans. Mortgage brokers normally pass the actual funding and servicing of loans on to "Wholesales Lending Sources." A mortgage brokers is also an independent contractor working with (on average) as many as 50 lenders at any one time.
Related Questions

ProMortgage - Common Questions
Mortgage Brokers help the consumers find the right loan to suit their needs and circumstances. They are able to offer their clients a wide range of choices across a large number of financial institutions. Mortgage Brokers establish the loan the same way a bank does with the exception they don't underwrite or fund it.
Related Questions

KAMB.org - Kansas Association of Mortgage Brokers
A mortgage broker is an independent real estate financing professional who specializes in the origination of residential and/or commercial mortgages. Mortgage brokers normally pass on the actual funding and servicing of loans to capital sources who act as loan "wholesalers." There are approximately 20,000 mortgage brokerage operations across the nation that originate more than half of all residential loans in the US.
Related Questions

Online Mortgage Lender for New York, Connecticut, and Florid...
A mortgage broker is a licensed individual or financial company who charges service fees or commission to bring consumers (borrowers) and mortgage lenders together for the purpose of loan origination. In the State of New York, residential mortgage broker is regulated by the New York State Banking Department.
Related Questions

Austin Mortgage Company
A mortgage broker is licensed by the state to assist the borrower in negotiating a home loan on a fee basis.
Related Questions

US CapitalCorp - Your Mortgage Specialist
Mortgage brokers are the "middlemen" between the customer (you) and the lender. Mortgage brokers negotiate, originate, and process residential real estate loans on behalf of the customer. Simply put, we "shop" our portfolio of lenders for the best rate available! back to top
Related Questions

Buyers : Mortgage FAQ
individual or company that matches borrowers with lenders. A mortgage broker will submit your loan to many different lenders, have access to many different types of loan programs, can shop around for the best and most competitive mortgage rates and terms available tailored to meet your particular needs.
Related Questions

What kind of licensing or bonds do I need to be a freight broker agent?

Freight Broker Training Frequently Asked Questions - Freight...
You absolutely do not need to buy a license or a bond to be a freight broker agent. Working as a freight broker agent is similar in many ways to being a realtor, insurance agent or hair stylist. The company you work under pays many of the costs needed to run the brokerage so you don't have to. Others may convince you to spend 1000s on a freight broker license and bond that you don't need as an agent. Other schools sell licenses and bonds, we do not.
Related Questions

Why go to a Mortgage Broker instead of a Bank?

FAQs for Shaw Mrtge
We treat our clients as if they are the only client for us in the world!! We thrive on personal, professional services. The Mortgage Broker has a great advantage in that we represent a large number of lenders, and
Related Questions

How do I choose an insurance agent or broker?

Frequently Asked Questions - Financial Services Commission o...
Insurance agents and brokers are licensed to negotiate insurance contracts and to service policyholders. Insurance agents usually represent one insurance company or related groups of insurance companies, while brokers typically represent several insurance companies.
Related Questions

Translations - FAQ
Insurance Broker works with a number of Insurance Companies while an Agent usually works for a specific Insurance Company
Related Questions

What is the difference between Agent & a Broker?

Cholamandalam General Insurance
Agent is the representative of Insurance Company whereas broker is the representative of the consumer or policy holder.
Related Questions

Got A Question? Ask Our Community!


More Questions >>

© Copyright 2007-2008 QueryCAT
About • Webmasters • Contact