Florida Real Estate Practice Exam 2025 – The Complete All-in-One Guide to Master Your Exam Success!

Mick holds the position of a mortgage banker, which is a key role in the mortgage industry. A mortgage banker is typically involved in the process of originating and funding mortgage loans, providing direct financial services, and often selling these loans on the secondary market. Mortgage bankers use their own funds to lend directly to borrowers and are responsible for the underwriting and decision-making processes that go into approving loans.

This role is distinct because mortgage bankers may not work with multiple lenders or source loans from various institutions, unlike mortgage brokers, who act as intermediaries between borrowers and lenders. Furthermore, mortgage servicers are responsible for managing and collecting payments on existing loans rather than originating them, and real estate investors typically focus on purchasing properties rather than engaging in the mortgage lending process. The responsibilities and operations of a mortgage banker clearly align with the fundamentals of that position in the real estate finance sector.