A company that borrows money from a bank, lends it to consumers to buy homes, then sells the loans to investors.
EXAMPLE: The mortgage company sent us a few more documents to sign before we can finally close on the property.
MORTGAGE COMPANY
A company that borrows money from a bank, lends it to consumers to buy homes, then sells the loans to investors.
EXAMPLE: The mortgage company sent us a few more documents to sign before we can finally close on the property.