What is the difference between a mortgage broker and a mortgage lender?

Mortgage brokers are federally licensed firms or individuals who sell loan programs on behalf of lenders.

Mortgage brokers facilitate your search for the most suitable mortgage product – but do not process any loans – every loan is sent to the lender (banker) for processing.

In comparison, Mortgage lenders (bankers) originate the mortgage loan, loaning you their funds and closing the loan in their name.

Mortgage300 is a federally licensed, Fannie Mae & Freddie Mac, mortgage lender.

Let's power your dreams

As your ally on the homebuying quest, M300 makes the process easy, clear, and enjoyable. You’re invited to apply and begin the journey with us - there are no commitments.