A mortgage broker is a business professional who works with banks and other lenders to find mortgages for their customers. They charge a commission for their services, which can add up over the lifetime of a loan. In order to make money, mortgage brokers must be able to find good loans for their clients. 

The most important part of a mortgage broker in London is getting borrowers approved for a loan. They will do this by looking at the borrower's financial information and the property they are interested in buying. They will also look at the borrower's credit history and determine if they are able to afford the payments on a loan. 

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If a borrower is unable to meet the standards set by the mortgage broker, they may not be approved for a loan. 

There are a few key differences between a mortgage broker and a loan originator. A mortgage broker is typically paid by the lender, while a loan originator is paid by the borrower. Additionally, a mortgage broker typically does not have the authority to make decisions on behalf of the borrower, while a loan originator may be able to do so. 

Finally, a mortgage broker may or may not be licensed in your state, while a loan originator must be licensed in order to originate any type of loan. 

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