Mortgage and Nonmortgage Loan Brokers
This industry comprises establishments primarily engaged in arranging loans by bringing borrowers and lenders together on a commission or fee basis. Cross-References. Establishments primarily engaged in--Show more
NAICS 522310 – Mortgage and Nonmortgage Loan Brokers encompasses firms that act as intermediaries in facilitating loan origination for residential, commercial, and other nonmortgage financing products on behalf of lenders. These brokers do not originate or fund loans directly but connect borrowers with financial institutions, negotiate terms, manage documentation, and ensure compliance with federal lending regulations such as Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA).
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