· In contrast, a mortgage broker is a middleman. The broker works with multiple wholesale lenders in an effort to get the best mortgage for their clients. The advantaged and disadvantages of each type of mortgage source: As stated earlier, there are advantages and disadvantages to both a bank and a mortgage broker. Let’s start with the bank.
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· "A mortgage broker is a contractor who analyzes mortgage loan products and counsels customers on loan availability, qualification requirements,
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