Alison Hillm…, Other/Just Looking in San Francisco, CA

What's the difference between a loan originator and mortgage broker?

Asked by Alison Hillman, San Francisco, CA Fri Feb 15, 2013

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Web reference:


Robert Spino…, Mortgage Broker Or Lender, Mill Valley, CA
Mon Feb 18, 2013

A mortgage loan originator is defined as one who, for compensation or gain (or in the expectation of...), takes a residential mortgage loan application or offers to negotiate terms of a mortgage loan.

This individual may work for either a bank or a brokerage (or an institution that faciliatates both banking and brokering of mortgages, such as RPM).

Rob Spinosa
1 vote
That is helpful, thanks!
Flag Tue Feb 19, 2013
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