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26 January, 12:13

The person to contact to arrange a home purchase loan is the:

A. title officer

B. realtor

C. mortgage broker

D. attorney

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Answers (1)
  1. 26 January, 13:49
    0
    The answer is mortgage broker or letter c. They are the ones who collect the documents required from the person will borrow. He then submits it to the mortgage lender where it will be examine and approved. If it does get approved, then the funds are lent in the lender’s name. The broker gets the original fee as compensation for his work.
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