What is the primary role of mortgage loan originators?

The primary role of mortgage loan originators is to serve as the intermediary between borrowers and lenders. They assess the financial situation and needs of the borrower to match them with suitable loan products from various lending institutions. By evaluating a borrower's creditworthiness and determining the type of financing that would best meet their needs, mortgage loan originators facilitate the loan application process. This role is crucial because it ensures that borrowers receive the best possible loan terms and options that align with their financial goals.

While making loans directly to borrowers, collecting mortgage payments, and investing in mortgage-backed securities are related to the broader mortgage industry, they do not encapsulate the primary function of a mortgage loan originator, which is centered on connecting borrowers with appropriate lenders and guiding them through the loan application process.