Your Legal Lesson: -Lending Company: lending institution - TopicsExpress

Your Legal Lesson: -Lending Company: lending institution actually responsible for approving financing for Buyers of property from Seller -Mortgage Broker Company: company Buyer uses to obtain a loan from a lending institution. Mortgage broker actually searches for a lender to finance the Buyers purchase of the property. (Note: generally do not know the name of the actual lending institution until the closing documents are signed) -Loan Officer: person who takes the Buyers loan application to obtain financing for purchase of property tewlg twitter/tewlg

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