Originators are the individuals or firms who post offerings soliciting opportunities on Yieldstreet or other crowdfunding platforms. Originators can determine the terms of the loan with the borrower. Once the originator and borrower have approved the terms, the originator will return it to Yieldstreet which will fund all or part of the loan. 

What role does the originator have? 

When a borrower requires a loan from any type of financial institution, an originator will act as the liaison between the lender and the borrower. The originator takes the borrower through all of the procedures to complete the loan application.  This involves collecting all the necessary documents, and verifying whether the provided information is correct. The originator will assist with answering questions on the loan application for the borrower. 

Mortgage Loan Originators (MLO)

A mortgage loan originator, also known as the mortgage officer, assists borrowers to get the right mortgage for real estate transactions. The mortgage officer will determine the amount of the loan and the interest rate thereof.  The mortgage officer will conclude proceedings on the loan application by verifying the information and documents provided by the borrower. The MLO can work alongside an associated financial institution, or with several lenders.  When an MLO works with several lenders, borrowers may have access to a wider set of lending opportunities and can decide on a loan that best suits their financial situation. 

What are the types of mortgage originators?

  • Mortgage Bankers 
Individuals associated with a financial institution can carry out mortgages making use of their personal funds. 
  • Mortgage Loan Originator 
As previously discussed, the MLO acts as a middleman, assisting with the collection and verifying of the borrower’s information. The MLO connects the borrower with the lender and provides additional ‘education’ about the loan. Throughout the process of the loan application, the originator will guide and assist the borrower. 
How helpful is this content?

Share this article:

Join a community of 350,000+ members

  • Gain access to unique offerings previously reserved for the ultra-wealthy

  • Customize your portfolio for income, growth, or a balance of both

  • Get started today and earn an average IRR of over 8%

What investors are saying about Yieldstreet

Apr 2022

The due diligence, risk management, and product education materials are thorough, excellent, and easy to use and understand.

Manoj J
Member since 2019
Apr 2022

Excellent and unique selections that I can't find elsewhere.

Jonathan S
Member since 2019
Apr 2022

The platform delivers in a very concise manner. Easy to get a clear understanding at a glance from the web or mobile app.

Tim S
Member since 2021
The testimonials presented on this page have been provided by actual investors in Yieldstreet funds without compensation. Yieldstreet has selected the testimonials, and certain testimonials have been edited to remove personally identifiable information and for brevity. Testimonials were not selected based on objective or random criteria, but rather were selected based on Yieldstreet's understanding of its relationship with the providers of the testimonials. The uncompensated testimonials presented here may not be representative of other investors' experiences, and there can be no guarantee that investors will experience future performance or success consistent with the testimonials presented.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $2.5B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.