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· Tied or multi-tied mortgage brokers. This type of broker is either tied directly to one lender or a group of lenders. So they are much more limited in the type of mortgage that they can recommend. On the flip side though, their close links to lenders often.
Mortgage Originator – A mortgage originator is the original mortgage lender and can be either a mortgage broker or a mortgage banker. Mortgage originators are part of the primary mortgage market and must work with.
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