What Is a Brokered Mortgage Loan?

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What Is a Brokered Mortgage Loan? | eHow More
Published: 9 years, 3 month(s) ago by George Gardner | permalink
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Mortgages may be originated by bank employees or they may be originated by third parties known as mortgage brokers. A brokered mortgage loan is one that is originated by someone who is not the lender.

For further reading: http://www.ehow.com/facts_6022123_brokered-mortgage-loan_.html ^[1]

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What Does a Mortgage Broker Do? Broker vs. Banker vs. Lender - Zillow More
Published: 9 years, 3 month(s) ago by Neil Dorward | permalink
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For further reading: http://www.zillow.com/mortgage-rates/buying-a-home/what-does-a-mortgage-broker-do/ ^[2]

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Mortgage Broker Definition | Investopedia More
Published: 9 years, 3 month(s) ago by Alexander Schuch | permalink
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An intermediary who brings mortgage borrowers and mortgage lenders together, but does not use its own funds to originate mortgages. A mortgage broker gathers paperwork from a borrower, and passes that paperwork along to a mortgage lender for underwriting and approval.
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For further reading: http://www.investopedia.com/terms/m/mortgagebroker.asp ^[3]

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Brokers'+Loans More
Published: 9 years, 3 month(s) ago by Rupert Pratt | permalink
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Definition of Brokers'+Loans in the Financial Dictionary by The Free Dictionary

For further reading: http://financial-dictionary.thefreedictionary.com/Brokers%27%2BLoans ^[4]

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Category: Fun | 9 years, 3 month(s) ago

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Alexander Schuch, Neil Dorward, Rupert Pratt, George Gardner

References & Citations

1. http://www.ehow.com/facts_6022123_brokered-mortgage-loan_.html

2. http://www.zillow.com/mortgage-rates/buying-a-home/what-does-a-mortgage-broker-do/

3. http://www.investopedia.com/terms/m/mortgagebroker.asp

4. http://financial-dictionary.thefreedictionary.com/Brokers%27%2BLoans