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  2. How to choose a mortgage lender: 6 tips - AOL

    www.aol.com/finance/choose-mortgage-lender-6...

    Brokers usually charge a small percentage of the loan amount (generally 1 to 2 percent) for their services, which the lender pays for (but passes on to you as part of the cost of your mortgage).

  3. Types of mortgage lenders and how to choose - AOL

    www.aol.com/finance/types-mortgage-lenders...

    Not all lenders are alike. Here’s how to distinguish them, and why it matters for your mortgage.

  4. Mortgage lenders vs. banks: Which is best for you? - AOL

    www.aol.com/finance/mortgage-lenders-vs-banks...

    Mortgage lender vs. mortgage broker Though they sound similar, mortgage brokers are quite different from mortgage lenders. Brokers don’t originate mortgages themselves.

  5. Correspondent lender - Wikipedia

    en.wikipedia.org/wiki/Correspondent_lender

    A correspondent lender originates, and unlike a mortgage broker, underwrites, and funds mortgage loan using their own funds. [1] The initial loan is usually made in the name of the correspondent lender, and then after closing, the loan is either sold to a larger primary lender or on the secondary mortgage market.

  6. Mortgage bankers: Who they are and what they do in home lending

    www.aol.com/finance/mortgage-bankers-home...

    A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders. As a result, mortgage brokers can help you compare options from various lending ...

  7. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Sometimes, a third party is involved, such as a mortgage broker. This entity takes the borrower's information and reviews a number of lenders, selecting the ones that will best meet the needs of the consumer. [3] Origination is regulated by laws including the Truth in Lending Act and Real Estate Settlement Procedures Act (1974).

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