Mortgage Banker
A company, individual or institution that originates, sells and services mortgage loans.
Investopedia Commentary
Don't confuse a mortgage banker with a mortgage broker. The distinction lies in the fact that a mortgage banker originates and services the loans whereas a mortgage broker only brings the two parties of a loan together.
Related Links
Understanding Your Mortgage
Understanding the Mortgage Payment Structure
The Reverse Mortgage: A Retirement Tool
See also: Conventional Mortgage, Fannie Mae, House Poor, Housing Market Index, Mortgage, Mortgage Broker, Origination
mortgage banker