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Question 4
Mortgage brokers are the ones who bring the home buyers and the lenders
together.
A. Yes, and the brokers assumes all the risk.
B. Yes, and the brokers do not assume any risk.
C. No. The brokers are the ones who lend the money.
D. No. The brokers are the ones who sell the property.

Respuesta :

Mortgage brokers don't take any type of risk.

Simply put, a mortgage broker connects a house buyer with a lender. In most cases, the mortgage broker is unaffected by the mortgage procedure.

Mortgage brokers are compensated regardless of whether you complete or can pay your mortgage. Although if you fail on your loan, mortgage lenders get compensated.

So,

Option "B" is the correct answer to the following question.

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