Firstly, what are mortgage brokers? You might know what real estate brokers are, but what are mortgage brokers? They are professionals that assist you in applying for a mortgage loan and getting it approved easier and faster.

No, the brokers aren’t the bank where you lend money from. They aren’t even lenders that will lend you any money. They assist you in applying to as many lenders as possible to get an approved mortgage loan. They are supposed to be experienced and know all the private lenders and other lending institutions where you can apply for a loan.