What category of license allows individuals to broker mortgages for clients?

The category of license that allows individuals to broker mortgages for clients is the Mortgage Broker license. This designation is specifically tailored for professionals who facilitate the mortgage process by connecting borrowers with lenders. A Mortgage Broker acts as an intermediary, helping clients find the best loan products suited to their financial situations by assessing various options and negotiating terms with lenders.

This role is crucial as it not only involves understanding the financial products available in the market but also adhering to regulatory requirements, ensuring that all practices are compliant with the laws governing mortgage lending. Mortgage Brokers must possess a thorough knowledge of mortgage products, interest rates, and the overall lending landscape to effectively assist their clients.

In contrast, other license categories such as the Finance Manager, Real Estate Broker, and Loan Manager either involve different roles in the finance and real estate sectors that do not specifically focus on brokering mortgages for clients or pertain to management positions rather than client-facing brokerage activities.