Mortgage packager

Mortgage packagers process mortgage applications, usually on behalf of mortgage brokers, for submission to lenders. Services include checking clients' credit files, instructing property valuations and checking an application fits lending criteria. In exchange for providing these services, the lender will usually pay a commission to the packager, which will usually be shared with the mortgage broker. Packagers are also sometimes able to negotiate exclusive mortgage deals with lenders that are not available directly to individual and smaller brokers, such as reduced interest rates or free property valuations.

This keyword could refer to multiple things. Here are some suggestions: