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Broker? Banker? Both?

You ask; we answer: "Brokers work through wholesale lending channels to source funds from an approved lender, and close the loan in that banks name. Conversely, bankers use their own funds, and will close the loan in their own name. There are advantages and benefits with each lending source." Best case may be to "work with an experienced loan officer who can act as both Broker and Banker to find you the best terms for your unique situation.'' [Tim Higbee, Guarantee Mortgage Corp., and Curbed SF, previously]