Texas Real Estate State Practice Exam 2025 – All-in-One Guide to Master Your License Success!

A mortgage broker acts as an intermediary between the borrower and the lender. This role involves connecting individuals seeking a mortgage with lenders who can provide the necessary financing. The broker's expertise helps borrowers navigate their options, ensuring they find a mortgage that suits their needs and financial situation. Additionally, the broker facilitates communication between both parties and may assist with the application process, providing critical support throughout the transaction.

While the other choices touch on aspects related to real estate and financing, they do not define the primary function of a mortgage broker. For example, providing funds for a mortgage is typically within the domain of lenders, not brokers. Similarly, property valuation is usually conducted by appraisers, and negotiating closing costs is generally the responsibility of the buyer’s agent or attorney rather than the broker's primary function.