Pam and Doug Peters are Mortgage Brokers licensed by the Real Estate Council of Alberta (RECA), they are also members of the Alberta Mortgage Brokers Association (AMBA) and have over 30 years.
· Mortgage brokers can ease the strain of getting a home loan. photograph: Alamy Gone are the days when if you wanted a financial product as daunting – and expensive – as a mortgage.
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Difference Between a Mortgage Banker vs. a Mortgage Broker – A mortgage broker doesn’t represent one institution, but works with many to shop for a loan for a specific individual. The banker is a direct lender. The broker is a middleman between you and the lender. The jobs are similar and the federal Bureau of Labor Statistics lists both as "loan officers" with similar functions and pay.