Saturday, January 19th 2019

Question

What is a morgage broker?

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12th May 2010 by JonB

A mortgage refers to a loan that uses some sort of real estate as collateral. A house, condo, ranch etc. In the even of default, said collateral can be repossessed and sold by the bank.

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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



26th Oct 2009 In Brokerage 1 Answers | 1284 Views
Subjects: broker, morgage broker, mortgage broker,

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