What a mortgage broker does is they facilitate originations for other financial institutions. Brokers are middlemen between the customer and the lender they send your loan to. Loan Cabin closes mortgages in our own name and uses our own funds to close your loan. This means we are the lender and you will work with us and only us throughout the process.
As a direct lender, we originate your application, underwrite the loan in house, close, and then fund your loan using our own funds.
We try to be fully transparent to all our customers. You can always ask your mortgage loan originator about your loan’s permanent servicer, or email firstname.lastname@example.org