![Mortgage Bank](https://img-cdn.financeunlocked.com/headers-images/financeunlocked/4.jpg?ik-sdk-version=javascript-1.0.3)
Mortgage Bank
A mortgage bank is an institution that predominantly makes mortgage loans. Mortgage banks can keep mortgages on the balance sheet and / or look to offload the assets and / or servicing responsibilities to third parties through outright portfolio sales or securitisation. Mortgage bankers interact directly with clients to approve mortgages, or they work through third-party brokers, who earn a fee on successful mortgage applications.