In short, the answer is nol Mortgage loans vary with the preferences of the individual lender and the borrower, In general, mortgage loans can be differentiated according to their terms of payment, their down payment requirements, and whether they are insured or guaranteed. Mortgage loans, or loans that use as collateral, are made by commercial banks, thrift institutions, and mortgage bankers. In addition to these traditional sources, mortgage brokers also solicit borrowers and originate a large volume of these loans. Brokers often place their laans with these traditional mortgage lenders as well as with Which of the following statements accurately describe the similarities and differences between mortgage bankers and mortgage brokers? Check all that apply. Mortgage bankers lend their own money to borrowers, while mortgage brokers have relationships with a large number of lenders. Athough mortgage brokers often appear to work on behalf of their borrowing customers, they are ultmately paid by the mortgage lender: Many mortgage bankers ultimately sell the mortgages that they create. Select the term associated with mortgage loans thac corresponds to each of the given descriptions. (Note: These are not necessarily complete definitions, but there is only one possible answer for each description.) elect the term assoclated with mortgage loans that corresponds to each of the given descriptions. (Note: These are not necessarily complete lefinitions, but there is only one possible answer for each description.)