|Real Estate Glossary|
Mortgage Banking Companies|
Mortgage companies originate and service mortgages. In other words, they make loans to consumers. Mortgage companies then typically sell these loans to other lenders and investors.
Some mortgage companies may be subsidiaries of depository institutions or their holding companies but do not receive money from individual depositors.
[ Back To Real Estate Glossary ]
THE SCHACHTE COMPANY
PROVIDING PROFESSIONAL REAL ESTATE SERVICES IN THE CHARLESTON AREA FOR MORE THAN 130 YEARS.
Real Estate Websites by iHOUSEweb, Inc. ®