mortgage banks
Property loan institutions
Mortgage banks are financial institutions that specialize in originating and servicing mortgage loans.
Unlike traditional banks, they typically don't hold deposits or keep loans on their books long-term—instead, they fund mortgages and then sell them to investors or government-sponsored enterprises like Fannie Mae.
She got her home loan through a mortgage bank rather than her local credit union.
- adjustable rateInterest that fluctuates
- loan officerEvaluates borrowing requests
- underwritingRisk evaluation and acceptance
- servicingPerforming routine maintenance
- housing marketTrade in residential properties
refinancing · home equity · down payment · monthly payment · interest rate · closing costs · closing day · escrow accounts · trust companies · bridge loans · VA loans · FHA loans · loan · contract · file · suit · Freddie Mac · calculator
- lenderslenders, neobanks, microfinance, loan services, S&Ls
- German Bankingbuilding societies, credit unions
- German FinanceDeutsche Mark, Deutschmark, Reichsmark, hyperinflation, currency reform
mortgage banksborrowers
Those receiving loans
mortgagors · homebuyers · debtors · savings banks · money market funds
mortgage, bank, mortgages, mortgaged, mortgaging, mortgagee, mortgagor, banks, banking