| Broker | A party who, for a commission, matches borrowers and lenders. A mortgage broker takes applications and sometimes processes loans, but generally does not use its own funds for closing. |
| Correspondent | A specialized type of mortgage banker whose function is limited to the origination of mortgage loans which are sold to other mortgage bankers or investment bankers under a specific commitment. |
| LenderOtherThanSeller | The party that invests in or originates mortgage loans. The lender is generally whosever name the loan is closed in. |
| Other | |
| Seller | The party selling the loan in the subject transaction. |