Who can function as a mortgage lender as well as a seller of mortgage loans?

A mortgage banker is an entity or individual that has the ability to both originate and sell mortgage loans. They are involved in the entire mortgage process, which includes funding loans with their own capital and then selling those loans to investors or servicing them. This dual role allows mortgage bankers to handle loans in a way that differentiates them from other professionals in the mortgage industry.

Mortgage originators primarily focus on the process of taking applications and guiding borrowers through loan options, but they do not typically sell the loans. Mortgage brokers act as intermediaries who connect borrowers with lenders but do not originate or fund loans themselves. Loan underwriters assess the creditworthiness and risk associated with the borrowers and the properties, but they do not engage in the lending or selling of loans.

In this context, the mortgage banker stands out due to their comprehensive involvement in the lending process, making them unique in their capacity to both lend and sell mortgage loans.