Ask Question
Social StudiesSocial Studies
2 April, 02:43

An intermediary who brings borrowers and lenders together, but does not use their own funds to originate mortgages, is known?

+5
Answers (1)
  1. 2 April, 05:52
    0
    Answer: The mortgage broker.

    Explanation:

    The mortgage broker is an individual or company that connects the mortgage borrower to the right mortgage lender, which the mortgage borrower can afford their interest rates on mortgage.

    The mortgage broker is paid by the mortgage lender for each mortgage borrower they bring that successfully borrows a property.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “An intermediary who brings borrowers and lenders together, but does not use their own funds to originate mortgages, is known? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The fact that more people fear flying more than driving illustrates that attitudes about death tend to be
Answers (1)
Lucy is 2 years old and is most likely in Erikson's socioemotional developmental stage of autonomy versus shame and doubt. Which of the following statements are true regarding Lucy in this stage of development?
Answers (1)
The elasticity of demand for oil is about 0.5, and the elasticity of supply is about 0.3. If the Arctic National Wildlife Refuge (ANWR) were drilled and the world supply of oil increased by 3%, what is the estimated percent change in the world price
Answers (1)
A narrow strip of land that connects two larger land areas is a what
Answers (1)
What is the local time in Champaign, IL on Feb 1, 2011 when it is 17 UTC (Coordinated Universal Time) on Feb 1, 2011?
Answers (1)
New Questions in Social Studies
Laws that regulate the American economy, social issues, and political participation are all examples of what governmental action?
Answers (1)
Assume that a student is in f1 generation. what generation will the children of this student be in?
Answers (1)
What line reveals speaker efforts to relate to the audiences
Answers (1)
Describe the skills or attributes you believe are necessary to be an outstanding teacher.
Answers (1)
Which cell structure is the fluid that fills a eukaryotic or prokaryotic cell? Select one:
Answers (2)
Home » Social Studies » An intermediary who brings borrowers and lenders together, but does not use their own funds to originate mortgages, is known?
Sign Up Forgot Password?