Mortgage Banker

PLUS

Mortgage Broker

EQUALS

Mortgage Advisor!

When you're looking to get a mortgage loan, you may work with a loan officer or you may choose to work with a mortgage banker. People often confuse the two options even though both will glean the same results: a new home. However, it is important to understand the difference between these two types of options so you know what to expect from them during the mortgage application process.

A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan.

A mortgage broker is the middle man between you and the lending institution, which can be a bank, trust company, credit union, mortgage corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.

A mortgage banker is a representative of a lending institution, such as a bank or private lender, who works to sell and process mortgages and other loans originated by their employer. They often have a wide variety of loans types to draw from, but all originate from that specific lender.

We consider ourselves mortgage advisors because we provide our clients with the best of both worlds. Our job is simply to find you the best rate. When dealing with one of our professional mortgage advisors, you are guaranteed the best rate and product available across the board. Let us show you our outstanding professionalism today!