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Mortgage Bank |
Also found in: Wikipedia | 0.01 sec. |
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Mortgage Bank A bank that primarily or exclusively offers loans to clients to purchase real estate, especially of private residences. The bank loans its own capital to clients and either collects payments (with interest) or sells its loans on the secondary market. Other revenue comes from origination fees and similar fees attached to making loans. Mortgage Bank Same as Mortgage Company. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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