answersLogoWhite

0


Best Answer

It refers to people who are seeking a loan from a lead salesman in the mortgage department. Some companies that offer mortgage loan leads are LeadOriginators, and The Canada Mortgage Factory.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the meaning behind a mortgage loan lead?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the meaning of mortgage foreclosure?

Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.


Is a mortgage considered a bond type security?

No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.


What is the meaning of mortgage loan?

A Mortgage Loan is a loan granted by a bank or other financial institution on real property to any individual or group that has taken out the mortgage with the institution. The property remains in the posession of the owner so long as the payments on the loan are paid in timely fashion. If the owner defaults on the loan payment, however, then the bank has the right to foreclose on the property.


How can I pay my mortgage loan on-line?

“How can I pay my mortgage loan on-line?”


What is a Open end mortgage loan?

What is a Open end mortgage loan?


Can you get a mortgage loan after chapter7?

Cn you get a mortgage loan for ahome if you filed chapter7?


What is the meaning of a loan origination fee?

A loan origination fee is a term that describes a fee charged by the lender to pay for the costs of evaluating, preparing and submitting the proposed mortgage loan.


What is a mortgage loan originator?

Mortgage loan originator is an institution or individual that works with borrower to complete a mortgage transaction.A mortgage originator can be a mortgage broker or mortgage banker & is the original mortgage lender.


Does the VA guarantee their mortgage loans?

Yes, a VA mortgage loan is guaranteed. A VA loan is a mortgage loan guaranteed by the US Department of Veterans Affairs.


What is an equity release loan?

An equity release loan is a means of borrowing money which will allow a person to release equity that has been storing up in their home, meaning that if a person buys a mortgage and the house earns/becomes worth more than what is said in the mortgage, the loan shall release this amount thus deducting from the mortgage.


What and where to pay a mortgage loan?

A mortgage loan is a loan that is used to either purchase a property or get a loan with your property as collateral. You can secure a mortgage through financial institutes like banks, credit unions or mortgage companies like Fannie Mae.


Which companies offer mortgage loan modification?

"Every mortgage lender or mortgage servicer offers mortgage loan modification. There are also many third party companies that offer mortgage loan modification, but work with them at your own risk."