loan broker
Debt arrangement facilitator
A loan broker is an intermediary who connects borrowers with lenders, earning a fee or commission for arranging financing.
Unlike direct lenders, brokers don't provide funds themselves but shop among multiple sources to find suitable terms: We used a loan broker to find a better mortgage rate.
The role exists across consumer lending, real estate, and commercial finance.
- mortgageSecured home loan
- interest rateCost of borrowing money
- commissionPayment for services rendered
- refinanceObtain new loan terms
- creditRecognition or payment deferral
credit score · interest · approval · paperwork · good faith estimate · fees · closing · closing costs · middleman · realtor · handshake · application · underwriter · deal · hustle · quick buck · percentage · finance
- Brokersstockbroker, shipbroker, pawnbroker
- loan partiesborrower, lender, cosigner, creditor, debtor
loan brokerdirect lender
Loan originator, no intermediary
lender · bank · creditor · lending institution · credit union
loan, loans, loaned, loaning, loanword, broker, brokers, brokerage, brokering