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Become A Mortgage Broker – Mortgage Broker License. – The states differ on whether a Mortgage Broker even needs a mortgage license, whether the Mortgage Broker can loan on both 1st and 2nd mortgages, or whether a physical office in the state is required.

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Choosing Between Mortgage Broker and Bank – nytimes.com –  · A mortgage broker is basically a middleman. Brokers work with a variety of lenders to find loans for clients, but do not lend out money directly. That’s the role of a mortgage.

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Why use a mortgage broker? | moneyfacts.co.uk – A mortgage broker is a financial adviser who specialises in offering advice on mortgages. A key thing to remember when using a mortgage broker is that they have a duty of care towards you and are obliged to recommend the mortgages most suitable for you and be able to justify that recommendation.