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A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have.
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Banks have historically used armies of mortgage brokers to gather income and asset documents from prospective borrowers,
Mortgage Broker Bayport 2014-11-24 · Independent brokers will assess just about every mortgage out there, except those offered direct only, such as from Tesco. Even then, some brokers will be willing to talk to you about whether a mortgage from that lender looks a good deal on the face of it, even if they can’t help you apply for the loan. There are other exceptions.
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